Descending Triangle pattern on Castrol India and it will break only on downside or if broken in other side is consider as false breakout / pattern failure.
Trade:
Short below - 396.00
Target 1 - 385.50
Target 2 - 375.50
Stop loss - 405
Trade:
Short below - 396.00
Target 1 - 385.50
Target 2 - 375.50
Stop loss - 405
Order cancelled
False BreakoutNote
oops, not completed the false breakout...! lets keep watch watch the script...
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.