IDBI on hourly timeframe has wedge pattern and price is near the lower trendline of wedge pattern and if you notice there is another wedge formation in 15mins. Initially I thought of posting this 60min wedge as positional trade and later converted it to intraday post bcos of Inner wedge . So Intraday traders can trade the inner wedge's direction of breakout and if intraday wedge breakouts outer wedge can trade it as positional also for much better targets . Two Birds one Stone !
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Happy Trading !!
Hit Like button to keep me motivated to post more ideas...Thanks for your support !
Happy Trading !!
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AMBRISH
Thanks,
+1
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InsiderB
AMBRISH
I'm glad that you liked the analysis !
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