After blowing my account, i am back to learning.
This is a Broadening Formation for a Descending Wedge pattern. The targets would be 122 and then it can give a breakout.
Feel free to comment.
This is a Broadening Formation for a Descending Wedge pattern. The targets would be 122 and then it can give a breakout.
Feel free to comment.
Comment:
Also at the moment its trading near to 200 EMA resistance level. It has tried to break this previously but was not successful.