Symmetric Triangle pattern formation on Divis Lab and it may break either side.
Trade Long:
Buy above - 740
Target 1 - 748.50
Target 2 - 760
Stop loss - 730
Trade Short:
Short below - 730
Target 1 - 721
Target 2 - 710
Stop loss - 740
Trade Long:
Buy above - 740
Target 1 - 748.50
Target 2 - 760
Stop loss - 730
Trade Short:
Short below - 730
Target 1 - 721
Target 2 - 710
Stop loss - 740
Trade active
Trade active on Short sideTrade closed: stop reached
Note
after hitting the stop loss, price reaching target 2 in long side... Its my mistake to kept the stop loss on nearby. so, apologies to all....
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Related publications
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.