Ascending Triangle : Waiting for Breakout
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We have an ascending triangle pattern in BHEL and I'm expecting upside breakout today but that means doubletop will fail & gladly yesterday I didn't enter doubletop. So I'm free to enter based on triangle on any directional breakout in Bhel
If you watch closely, we have double top formation with RSI divergence within triangle.
Ascending triangles breakout in upper direction in that case Double top will be failure. Rarely they breakout downside.
Hit Like button to keep me motivated to post more ideas...Thanks for your support !
Happy Trading !!
If you watch closely, we have double top formation with RSI divergence within triangle.
Ascending triangles breakout in upper direction in that case Double top will be failure. Rarely they breakout downside.
Hit Like button to keep me motivated to post more ideas...Thanks for your support !
Happy Trading !!
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Guys get ready to book your profits around 144-143's..Enjoy Weekend with Great profits...
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