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Tagged: Triangle pattern
TRIANGLE PATTERN :-
1. Formation of the graph shows the points A-B-C-D-E, connecting of these points it forms as triangle.
2. Time duration for this formation is more than 45 days.
3. Breakout takes place at 70 % of triangle.
4. Volume is high at breakout point.
5. LONG position is strongly recommended at price goes above – 674.
6. SL – 623, Target – 725.
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