well today i took a trade on ELTY, eventhough its a late entry
and lil bit speculative entry, anyway this is the reason :
lets take a look weekly chart :
- ELTY Weekly Chart
from weekly chart i see major support area
and form argueably double bottom there.
now let zoom to daily chart :
- ELTY Daily Chart
in daily chart you can look some sort of medium resistance there
and medium support , and the candle today form bullish candle a very weak signal
now let see the 1H chart :
- ELTY 1H Chart
from 1H chart price form a triangle, and already break the triangle
and i took the trade here @ 690 per share,
the scenario i had :
1. price keep trending up without any retracement
2. price will test the triangle and then trending up
3. price will test the triangle and break the triangle, which is hope not happen
my price target around 310 – 320
my stop loss 260 – 270
let see how this trade will run tommorow
finger cross 
