BANKNIFTYFUTURE - 30M TF - Descending Triangle

8 set 2020

Descending Triangle forming on 30M Chart of BANKNIFTY SEP FUTURE. Another Breakdown in the offing or will it bounce back from the trend line? If one looks at the chart, it is clear that if it breaks 22700, 22500 is not that far away. On the upper hand, 23150 volume breakout -> 23400. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.

9 set 2020

Trade chiuso: obiettivo raggiunto

22500 (Low = 22130)