A descending triangle is characterized by a flat support line and a descending resistance line. For a Buy setup, you are looking for a bullish breakout above the downward-sloping resistance line, often triggered by a trend reversal or a "failed" bearish pattern.
Entry Point: Buy above the upper descending resistance line (currently near ₹1,465) once a candle closes above it on the hourly timeframe.
Stop-loss: ₹1,430 (Placed below the flat support base of the triangle to protect against a breakdown).
Target: ₹1,530 (This aligns with major psychological resistance and recent swing highs).
Entry Point: Buy above the upper descending resistance line (currently near ₹1,465) once a candle closes above it on the hourly timeframe.
Stop-loss: ₹1,430 (Placed below the flat support base of the triangle to protect against a breakdown).
Target: ₹1,530 (This aligns with major psychological resistance and recent swing highs).
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。