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shivanibist
May 18, 2020 6:37 AM

descending triangle 

THERMAXNSE

Description

It made the pattern of descending triangle they more often mark a continuation of the current trend. The direction of major move can only be determined after valid breakout point. If trend changes to upward trend buying is recommended or if it remains in sideways profit can be made through short selling and buying in short term.
It made a pattern of Descending triangle it is a bearish formation that usually forms during an downtrend as a continuation pattern. So it is recommended to sell if it breakout from support level the because trend reversal will be continuation of downtrend.

Comment

breakout as trend changes to an upward trend.
buying is recommended.
also, do your analysis.

Trade active

Trade closed: target reached

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