It is been observed that the price action forms a descending triangle on hourly chart, forming lower highs. Now the price action breaks out from the triangle, indicating weakness ahead.
Target: 532 Stoploss: 552
Trade closed: target reached
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It was very volatile road, but we made to our targets eventually. Regards
Yes, you're right, the stoploss was given as per the pattern and it did invalided the pattern. After that it still showed weakness and continued down trend. I appreciate your observations, Regards