ITI - symmetrical triangle formation going on,watch for breakout
Updated
symmetrical triangle formation going on in daily and weekly 
volatility decreasing and BB is squeezing,
breakout to be followed soon.
since it was in an strong uptrend, upside breakout expected here.
safe traders should wait for breakout. Risky traders may enter with a sl - 91.
we ll discuss on tgt after the breakout.
volatility decreasing and BB is squeezing,
since it was in an strong uptrend, upside breakout expected here.
safe traders should wait for breakout. Risky traders may enter with a sl - 91.
we ll discuss on tgt after the breakout.
Trade active
breakout with good volume, closed at 103.75, tgt should be 116 then 130Trade active
retesting the broken trend line Trade closed manually
trend line support broken, looks bearish Note
downtrend is established in ITI, in weekly. BB also downward here. 
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