Idea - Breaking Out Connection from Descending Triangle
It is been observed that the price action is trending down on daily chart. Now, the price action is breaking out from a Descending Triangle, indicating bearishness and selling pressure.
Target: 79
Target 2: 78.50
SL: 80.50
Target: 79
Target 2: 78.50
SL: 80.50
Trade active
Trade closed: target reached
Both Targets successfully achieved. Regards
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Related publications
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.