SYMMETRICAL TRIANGLE PATTERN

 BULLISH SYMMETRICAL TRIANGLE PATTERN 


(CLICK ON IMAGE FOR CANDLE STICK CHART VIEW)

A BULLISH SYMMETRICAL TRAINGLE is a bullish continuation chart pattern. The pattern is formed by two converging trend line that are symmetrical in relation to the horizontal line. The top line is a bearish trend line creating the resistance, breakout confirmed once chart break resistance & goes upward direction.

BULLISH SYMMETRICAL TRIANGLE PATTERN WITH CANDLESTICK CHART VIEW 👇👇


(CLICK ON ABOVE IMAGE FOR CLEAR CHART VIEW)

Note : It's important to note that the BULLISH SYMMETRICAL TRAINGLE pattern is just one of many chart patterns used in technical analysis, and traders should always use multiple indicators and techniques to confirm their analysis before making trading decisions

Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.


Follow me on Instagram : @priceactiontrader13 for daily updates related to blog.


BEARISH SYMMETRICAL TRIANGLE PATTERN 

(CLICK ON IMAGE FOR CANDLE STICK CHART VIEW)

A BEARISH SYMMETRICAL TRAINGLE is a bearish continuation chart pattern. The pattern is formed by two converging trend line that are symmetrical in relation to the horizontal line, lower support line is bullish trendline, breakout confirmed once it break support and goes in downward direction.

BEARISH SYMMETRICAL TRIANGLE PATTERN WITH CANDLESTICK CHART VIEW 👇👇

CLICK ON ABOVE IMAGE FOR CLEAR CHART VIEW)

Note : It's important to note that the BEARISH SYMMETRICAL TRAINGLE pattern is just one of many chart patterns used in technical analysis, and traders should always use multiple indicators and techniques to confirm their analysis before making trading decisions

Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.


Follow me on Instagram : @priceactiontrader13 for daily updates related to blog.







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ALOK INDUSTRIES LTD.| TECHNICAL ANALYSIS | @priceactiontrader13 | MARKET WALE

STOCK :- ALOK INDUSTRIES LTD. CMP :- 19.15 (14/10/2023) ABOUT :-  Alok Industries Ltd. is a textile and apparel manufacturing company based ...