HCL BREAKS BELOW DESCENDING TRIANGLE
Updated
It is been observed on hourly chart, that the price action breaks below descending triangle pattern, indicating a bearish move to support levels ahead.
Target: 740
Stoploss: 770
Target: 740
Stoploss: 770
Trade active
It is active until the price action breaks and closes above 770 levels on daily chart. RegardsTrade active
Today, It did not close above 770 stoploss, that makes this trade valid for tomorrow as well. Apologies in case any confusion. Regards.Trade closed: stop reached
Making a new highNote
Learning: Trade after closing confirmation on the said time chart.
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