POWERGRID 1hr tf.. Symmetrical Triangle Pattern
The stock has been in a continuous downtrend..But ever since Sep 24th, the stock has been making higher lows.. And a symmetrical triangle pattern has been formed in the process.. I do not wish to predict the side its going to breakout.. Lets just wait for it to happen and trade what we see...(This is only for educational purpose)
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Look at the beautiful move today after breaking out on the down side.. 2.5% down