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#SUPERMEIND - Downward Breakout- Invalid Symmetrical Triangle

NSE:SUPREMEIND   SUPREME INDUSTRIES
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Downward Breakout- Invalid Symmetrical Triangle
1.There are not enough price crossings to fill the triangle, leaving white space predominating.
2.There are not enough price crossings of the triangle to suggest a reliable formation. Although prices touch
both trend lines several times, there is too much white space filling the center
of the formation.
3. Point E area is crucial now. It may decide trend but as its look like invalid pattern so expecting to fall down with spike.
4. Waiting to do short until confirmation.
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