DABUR – Triangle Pattern – Bearish
It was observed Bearish Triangle Pattern with 5 wave curve on breakout day with high volume on 56 th day (i.e 22-09-2016) Entry point is(i.e Sell) @286
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DABUR – Triangle Pattern – Bearish
It was observed Bearish Triangle Pattern with 5 wave curve on breakout day with high volume on 56 th day (i.e 22-09-2016) Entry point is(i.e Sell) @286
M | T | W | T | F | S | S |
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1 | 2 | 3 | 4 | 5 | 6 | 7 |
8 | 9 | 10 | 11 | 12 | 13 | 14 |
15 | 16 | 17 | 18 | 19 | 20 | 21 |
22 | 23 | 24 | 25 | 26 | 27 | 28 |
29 | 30 |
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Good spot!
Thank You.
This is descending triangle pattern. Good capture here.
Tell me is descending traingle pattern is always bearish?
If happens bullish…can anybody show me a chart?
After the formation of descending triangle, we can see the break out of the stock with more volume.