Indusind Bank 75 Min Analysis , TRIANGLE PATTERN
Triangle Pattern Formed .
1) Strong RSI Divergence .
2) Price Reacted From Demand Zone .
3) Entering In Supply Zone .
* Trade Set Up for long . Looking For Bullish Candle Strick Pattern Near Triangle Breakout .(Long Above It )
Preferable Above 428.
* Trade Set Up For Short . Look For Bearish Candle Pattern Near Supply Zone . And Below It Short . With Sl 428 .
Short Trade In this Pattern Not Looking Good Until Last Low Break .
IF SETUP COMPLETE And Market Support Our Direction then Go Long . With Your Bullish Set Up candle Low As A Stop Loss . First Target Will Be 468-475.
1) Strong RSI Divergence .
2) Price Reacted From Demand Zone .
3) Entering In Supply Zone .
* Trade Set Up for long . Looking For Bullish Candle Strick Pattern Near Triangle Breakout .(Long Above It )
Preferable Above 428.
* Trade Set Up For Short . Look For Bearish Candle Pattern Near Supply Zone . And Below It Short . With Sl 428 .
Short Trade In this Pattern Not Looking Good Until Last Low Break .
IF SETUP COMPLETE And Market Support Our Direction then Go Long . With Your Bullish Set Up candle Low As A Stop Loss . First Target Will Be 468-475.
ॐ
Join Your Telegram Channel
t.me/veensh00
Follow me On Twitter
twitter.com/Veensh
Join Your Telegram Channel
t.me/veensh00
Follow me On Twitter
twitter.com/Veensh
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.