YES BANK INSIDE A DESCENDING TRIANGLE WAIT FOR A BREAKOUT!
MARKET ANALYSIS: The market is trading inside a descending triangle pattern. Now if the market reaches the demand zone, we can expect a triangle breakout in the upside. Once the breakout happens the market will start its rally to the next possible major supply zone at the 1718.
Alternate scenario: If the market breaks the triangle support level, the trade will become invalid. So lets see what the market does in the coming days. Cheers!
Alternate scenario: If the market breaks the triangle support level, the trade will become invalid. So lets see what the market does in the coming days. Cheers!
Related publications
Frånsägelse av ansvar
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.