Study 2: Symmetrical Triangle - M&M

Mar 24, 2021

This is Just for study purpose. M&M seems to be forming a Symmetrical triangle(Pattern - WEAK, Confident - LOW). Based on breakout, it can be a LONG position or SHORT position.

Mar 26, 2021

Note

It seems to be a breakout. I missed to follow. ENTRY could have been at 820.90. 791.30 is a good SHORT to book 3% profit. Expecting target to hit at 760. Lets observe.

Apr 8, 2021

Note

SHORT POTENTIAL almost reached. This trade is closed now.