TradingView
Einstein15
Jul 4, 2018 4:25 PM

HDFC Triangle Breakout 

Description

HDFC has been moving in a triangle for 6 months now. Retesting the edge. Awaiting a breakout/reversal.
Comments
praveen.bhatiya
Sirji As you are open to learning i dare to comment on it. Triangle pattern is like a coil pressed from both sides that means alternative touches to both sides with very less which space. Thanks for your effort and I do like your creative drawings.
Einstein15
@Praveen.bhatiya, Ahh thanks ! And here i was thinking anything goes as long its dancing in the triangle shape, from rock n roll to moonwalk and tango to salsa.
so no double touches or crawling candles along the edges.

Also i think its better if i use the TRIANGLE TOOL for the minimilistic 2 by 2 point triangle.




Einstein15
@Praveen.bhatiya, double touch crawl
RajeshGambani
is 1920 the breakout level here?
More