in the above triangle pattern we see a break out
after that the stock starts its bearish movement and not able to cut previous high
, , Triangle Pattern
, , Triangle Pattern
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Bullish View
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Hi,
Volume should be high during the breakout day otherwise it’s really good.
Dear Ariharan
Good Analysis. Once particular pattern is identified, it is better to have a target price and stop loss. I know it is difficult to identify a pattern and you have really done it well.