RISING WEDGE IN HDFC BANK
TAKE POSITION ON BREAKOUT SUPPORTED WITH VOLUME. ALTHOUGH IT IS A BEARISH PATTERN BUT SIDE OF BREAKOUT IS IMPORTANT FOR TAKING POSITION.
STOP > HIGH OF LAST CANDLE FOR SHORT/LOW OF LAST CANDLE FOR LONG (IN WEDGE)
MINIMUM TARGET - HEIGHT OF PATTERN
STOP > HIGH OF LAST CANDLE FOR SHORT/LOW OF LAST CANDLE FOR LONG (IN WEDGE)
MINIMUM TARGET - HEIGHT OF PATTERN
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