ShreeKrishna

Contracting Triangle

NSE:RAYMOND   RAYMOND LTD
38 views
0
38 0
Well according to Theory its one of the possible pattern we can consider right now

What i am looking is an reversal and move up for completing the next leg

Price move within the structure clearly indicates its an move of Contracting Triangle

When 1st impulse down wave A is un-usually long then the formation of contracting flat or Contracting Triangle are 90 % possible structure during corrective patterns

we have to follow the price look for reversal in order go for short term trade with in the structure
Trade active
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out