Awaiting Descending Triangle breakdown

Mar 22, 2018

Prices have formed a descending traingle pattern. It is at the verge of breaking down below 1140. Expecting a swing run till 1090 which will act as a support zone.

Entry - below 1140 based on a bearish close.
SL - 1175
T1 - 1110
T2 - 1100
T3 - 1090

For study purpose only.
Thanks.

Mar 23, 2018

Trade active

Entered @ 1134

Mar 23, 2018

Note

Made a low of 1118 in futures. Booked out a lot at 1124. Will revise my SL to 1150 on monday based upon the opening.

Mar 26, 2018

Trade closed: target reached

Target 1 done and it missed target 2 by just 2 points. Hence trailed SL and it closed my entire position at 1114.