ENTRY - 690
STOPLOSS - 725
TARGET - 555
Patterns forms with Higher Highs and Higher Lows.
pattern basically forms in two shapes -
1) If pattern forms in an uptrend it will make reversal and
2) If pattern forms in a downtrend it will make continuation.
The higher highs and the lower lows along makes a trend resistance and trend support. When breakout occurs downside, price breaks the trend support line