in this pattern same zone/ price level acts as support and resistance... in the same price level or zone #1 acts as support and at the same time #4 & # 6 acts as resistance. like in the trend line #2 acts as resistance and # 5 acts as support.. now the price is is in the resistance zone when the price breaks the that zone then our target will be @19620.
This is a good example for a triangle chart pattern.. i have mentioned where to Buy , where to put SL, how to measure Target and where to Exit(Target)...
after making continuous Lower Highs (LH) now price reaches strong support zone.. if price gets reversed from this zone then every LH will be coming targets..... let's see what will happen.....
wait for break out of upper trend line... also after getting a confirmation bullish candle with small rejection the go for long..
when the price breaks the resistance then go for long...
waiting for breakout and after getting confirmation candle go for long