Idea - Breaking Out Connection from Descending Triangle

Updated
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

Trade active
Trade closed: target reached
Both Targets successfully achieved. Regards
Descending TriangleIDEA

Related publications

Disclaimer