INFY Triangle

205 4
INFY is moving in a triangle. Expecting a breakout/reversal on the account of results today( ish )
bro, what do u think of the curent situation, this is really confusing, u must have noted a butterfly pattern a bearish one is in fo0rmation int he daily charts right, if tat happens man, infy is going to be i distribution... whats ur overall take on this....
Einstein15 sandipan.mch
@sandipan.mch, Yes. but i dont trade Butterflys or Crabs...coz I AM BATman (in batman's voice) :D
BUT on weekly, it shows a nice wycoff distribution and Accumulation . idk if yellow can be called as a clean Wc- Distribution. but it does seem like the accumulation is complelte in Blue box. and just flagggin up after the huge leg up. TBH, i traded it just as a triangle and nothing more. Also just like almost every gap gets filled, the Result-induced gaps get filed faster. I think i am just gonna trade the triangle and see what side it breaks out and retests the trisngle lines or the SUpport zones on weekly, if it breaks on the downside
Einstein15 Einstein15
@Einstein15, i did find a BATMAN Pattern once :D and it did complete the right wing as exited the Insignia mirroring the entry and is still kinda mirroring it.
any reason for negative?
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