Supportive trendline with counter trendline breakout


**New setup-

** Supportive trendline with multiple touches and counter trendline for breakout confimation

** Lower high formation ( bullish trend) > pattern on supportive trendline will work ( probability-83%)

** here a triangular pattern or we can say counter trendline breakout

** Stop loss- below the bullish candle (11%) or below 200 EMA

Target- 1st 508, 2nd-617, 3rd-780





ButterflycountertrendlinesupportivetrendlineTrend AnalysisTrend Lines

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