vanathi

Pattern Series 2 - Triangle break out!

NSE:VOLTAS   VOLTAS LTD
My favourite triangles. Took this chart from my posts :)
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@vanathi , I am a beginner in understanding the candle sticks ... I have 2 questions for you Can you please clarify

* Technical chart shows 3 triangles... one at lower levels which and stock went up and one formed at upper level which brought the stock down..Now a triangle is formed at high levels does it indicate another upside?

* If you look at 1 Day Chart a hammer is formed at high level after doji which is bearish reversal?
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Does it mean, the scrip will fall hereon...
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@deegee, This post is about triangle break out pattern. I didnt analyse this script here.
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