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BURGER KING - Healthy Risk Reward Ratio

423
Simple Price Action.

Awaiting a breakout preferably on the upper side with volume.
The confidence I'm deriving for an upside breakout is from the MACD which is about to undergo a positive crossover.

If Double Bottom is to be believed then the risk reward ratio here is MAGNIFICENT.
Trade ativo
The stock broke out and is descending along the trend line. Stop loss of 126 is on closing basis.
Trade ativo
Made a Double Bottom and didn't breach 126
Trade fechado: objetivo atingido
All targets acheived.

Aviso legal

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