I am playing with X-factor which passes exactly at the top of 1472 recent top where possible D-leg can end.
2 points to confirm a & 3points to draw a valid is what teaches- so here is the application with some juices modified.
Once Ceat starts falling below 1418- recent low -we will look to sell. Once pattern activates -recent high below 1472 high should be put as stops for lower targets.
Pattern activates only when previous low@1418 gets broken on the downside.
Closing The Update- Call did not activate below 1418.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ