Symmetrical Triangle Tightening With Price Hovering Near Apex. Breakout Looks Imminent.
Price is also above 50 EMA, RSI around 56 - no extreme overbought zone, giving room for movement.
THIS LEVELS ARE PURELY BASED ON MANUAL PRICE ACTION - NO AUTO INDICATORS USED.
Will the triangle break upward or fakeout below? Let's Discuss in the comments!
All Levels hand - marked by Mayur Jayant Takalikar - based on clean structure & momentum zone spotting.
#HDFCBANK #PRICEACTION #TRADINGVIEWINDIA #CHARTANALYSIS #BREAKOUTSETUP #TRIANGLEPATTERN #SUPPORTRESISTANCE
Price is also above 50 EMA, RSI around 56 - no extreme overbought zone, giving room for movement.
THIS LEVELS ARE PURELY BASED ON MANUAL PRICE ACTION - NO AUTO INDICATORS USED.
Will the triangle break upward or fakeout below? Let's Discuss in the comments!
All Levels hand - marked by Mayur Jayant Takalikar - based on clean structure & momentum zone spotting.
#HDFCBANK #PRICEACTION #TRADINGVIEWINDIA #CHARTANALYSIS #BREAKOUTSETUP #TRIANGLEPATTERN #SUPPORTRESISTANCE
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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.