Nifty Bank is squeezing into a tight Symmetrical Triangle on the 15-min chart! Expect a strong intraday breakout soon.
Pattern: Symmetrical Triangle
Timeframe: 15 Minutes
Strategy: WAIT for the breakout. No trades inside the pattern.
🟢 LONG above resistance
🎯 Target: 54300
❌ Stop: Below breakout candle
🔴 SHORT below support
🎯 Target: 53600
❌ Stop: Above breakdown candle
Patience pays!
⚠️ Disclaimer: This is NOT trading advice. This post is for educational purposes only. Trading is high risk. Please do your own research and consult a SEBI registered advisor before making any trade decisions.
💬 Boost if helpful! Follow for more! ✅
Pattern: Symmetrical Triangle
Timeframe: 15 Minutes
Strategy: WAIT for the breakout. No trades inside the pattern.
🟢 LONG above resistance
🎯 Target: 54300
❌ Stop: Below breakout candle
🔴 SHORT below support
🎯 Target: 53600
❌ Stop: Above breakdown candle
Patience pays!
⚠️ Disclaimer: This is NOT trading advice. This post is for educational purposes only. Trading is high risk. Please do your own research and consult a SEBI registered advisor before making any trade decisions.
💬 Boost if helpful! Follow for more! ✅
Trade active
Downside target reachedTrade closed: target reached
:)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.