Here the price converges to a point from 49.3 and 46.8. If the price breaks 46.8, we can assume a downward trend. So the entry point is 46.8, stop loss is 49.3 and target is 46.8 – (49.3 – 46.8) = 44.3.
, , Triangle Pattern
, , Triangle Pattern
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Bullish View
Bearish View
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Triangle pattern should e acknowledge with very high volume..