LT A Triangle Pattern under formation
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A Symmetrical Triangle Pattern seen under formation on charts of LT. Symmetrical Triangle Pattern is a continuation pattern and formed in either an up trend or down trend. During the up or down trend a symmetrical triangle forms as a part of consolidation with higher lows and lower high pattern. One should wait for completion of the Pattern at the narrow end, and the successful breakout in the direction of trend will confirm next leg rally. Keep watch
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LT moving well above the pattern more rally may be seen. Keep watch
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