Yesterday, I have revealed the existence of Yogi's CBT pattern in Manappuram Finance and shared the same on Social media.
I got many appreciation from the trader and Investor community for the inventing this pattern. You will also seen movement after this pattern breakout.
Similarly, I got argument from one of the trader as well that it is simple technique of the tread line breakout and why are you showcasing as secret revealed pattern.
Yes, Anyone can capture this rally with trend line breakout. but not all trendline breakout works with this potential....
CBT Pattern gives the confidence to ride on the rally and its breakout works like stiff rally.... Rare question of failure, though i have not seen so... might be possible!!!
It is simple logic with simple, basic technical tools but combine it with powerful setup to which i named as CBT Pattern. It is just the way i look at it charts for trading or Investment purpose.. Thanks
Below is the historical chart of Hexaware Technology where i located the existence of Yogi's CBT pattern in year 2013 sharing here for reference purpose.
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