JawwadTrades

Symmetrical Triangle Pattern Formed in Britannia Ind.

NSE:BRITANNIA   BRITANNIA INDS
This Pattern Can Give Breakout from both the Direction so i will be ready with my target and stoploss once it gives Breakout.

Meaning of Symmetrical Triangle Pattern ; The Symmetrical Triangle Chart Pattern indicates an ongoing period of price consolidation before the prices breakout.

A bullish symmetrical triangle is a bullish continuation chart pattern, the movement preceding the triangle’s formation must be bullish .

On the other hand, A bearish symmetrical triangle is a bearish continuation chart pattern, the movement preceding the triangle’s formation must be bearish .

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