Does this look like a descending triangle chart pattern. Do you think that crude oil prices will trade lower in the coming months? What are your thoughts?
NIFTY IS LOOKING VERY BULLISH IF SUSTAINS ABOVE 18020 LEVELS, If it sustains for 45 Minutes, we can go long for a good Bullish rally in upcoming week. Also, One can enter an Intra-day trade as it is forming a INVERTED HEAD & SHOULDERS pattern on 15 Min time frame. Entry - 17797 SL- 17745 & target - 17926.
Also if Nifty breaks our Intraday level, we can see a...
Market closed at 17894.
We can see 1 Gap is pending (17990) & another Gap is below at (17389).
In between that i have marked Important Support at (17754) & if this has taken out then market will try to fill the Gap which is 17389 slowly & gradually.
Conditions:
Market 1: If we see 17990 was taken out with huge gap-up opening then need to wait for at least 15...
