Descending Triangle Formation & Neutral Candlesticks
Descending Triangle formation on Bank of Baroda Chart.
Descending Triangle is a consolidation pattern.
According to the pattern, a possible downside breakout is expected.
Watch the last 3 Candlesticks:-
All these candlesticks are neutral candlesticks.
Descending Triangle is a consolidation pattern.
According to the pattern, a possible downside breakout is expected.
Watch the last 3 Candlesticks:-
- 16 April 2020 - Dragonfly Doji
- 17 April 2020 - Spinning Top
- 20 April 2020 - Long Legged Doji
All these candlesticks are neutral candlesticks.
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