TradingView
Tradeception_
Aug 15, 2021 12:36 PM

BRITANNIA triangle converging. Short

BRITANNIA INDSNSE

Description

BRITANNIA has been narrowing its movement range between two converging lines and the formation is resembling a triangle pattern. Right now it seems to be facing rejection from the upper line of the pattern. One could go short with the following levels in mind:

SHORT BELOW: 3575
STOP LOSS: 3645
TARGET 1: 3505
TARGET 2: 3435
_______________________________________________________________________________________________________________________________________________________

Manage your risk and trade your plan. :)

Trade closed: stop reached

More