A descending triangle has formed in the downside and hence if there is a breakdown then further downside. Will Update the target once there is a breakdown. SO for now, waiting for breakdown.
10% chance there might be breakout. Hence waiting for confirmation
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
10% chance there might be breakout. Hence waiting for confirmation
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
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