Stock in continuous uptrend. Higher high higher low structure intact. Pattern Preceded by such healthy uptrend increases the probability of breakout and pattern to work out.
There 2 strong hammers at the trend line. Indicating a good support on trend line.
Set up is invalid below the low of the hammers. SL level 830. Risk 10%.
Stock is contracting since few days. ( check below image ) Expansion mode will begin soon.