Symmetrical Triangle formation in process
Cmp is 551. If the price retrace to the upward sloping line and gets support, Longs can be initiated at 543-545 area.
SL - 530
T1 - 555
T2 - 565
Purely for study purpose
Thanks
SL - 530
T1 - 555
T2 - 565
Purely for study purpose
Thanks
Trade active
Entered @ 544Note
Price have broken downside of the pattern, but got support and hovering around the entry. SL is still intact. A bull close above 547 will push the prices to the mentioned levels.
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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.