Hello Everyone,
Chart Pattern known as Symmetrical Triangle Pattern in which we can say that it is a chart pattern that signals a period of consolidation before the price breaks out, which can happen in either direction—upwards or downwards.
Condition #1 Breakdown
Target 1 - Rs 5900
Target 2 - Rs 5400
Condition #2 Reversal
Target 1 - Rs 6700
Target 2 - Rs 7500
Conclusion
The symmetrical triangle pattern in our chart indicates a phase of consolidation, suggesting that a significant price movement may be on the horizon. Keep an eye on the breakout direction to understand the next trend for the asset.
NOTE : Please consult your financial advisor before taking any trade as per my post.
Chart Pattern known as Symmetrical Triangle Pattern in which we can say that it is a chart pattern that signals a period of consolidation before the price breaks out, which can happen in either direction—upwards or downwards.
Condition #1 Breakdown
Target 1 - Rs 5900
Target 2 - Rs 5400
Condition #2 Reversal
Target 1 - Rs 6700
Target 2 - Rs 7500
Conclusion
The symmetrical triangle pattern in our chart indicates a phase of consolidation, suggesting that a significant price movement may be on the horizon. Keep an eye on the breakout direction to understand the next trend for the asset.
NOTE : Please consult your financial advisor before taking any trade as per my post.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.