Kinnari_Prajapati
Education

Descending Triangle Pattern Real-Time education.

NSE:NIFTY   Nifty 50 Index
This pattern important role in the breakout to the downside (Some analysts believe that increased volume is not all that important).We always consider the strength or weakness of volume as being the "straw that stirs the drink."

Let see what will happen here minutely and something we can conclude.

How can we trade descending triangles?
Let's check below will reliable or not on real-time.
Typically you want to buy after the pattern breaks resistance. It is good practice to set a stop-loss just below the last significant high.
Hit LIKE button if you want to learn REAL-TIME PATTERN notification.
Jul 09
Trade closed manually
THANKS FOR GIVING THIS I TAKE PROFIT

+1 Reply
@DRUVV, very good Druv
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your support now turn into a resistance and now retest that
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@earnology, Yeah...! You're right.
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earnology Kinnari_Prajapati
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my support 11796 if break free fall and resistance 11890
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@royal_king, Can you attach the chart how did you get this support and resistance with timeFrame?
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royal_king Kinnari_Prajapati
@Kinnari_Prajapati, no no i dont wanna saw you. its secret
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@royal_king, hehe no problem.
+1 Reply
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