A Triangle Breakout Oppourtunity
NMDCA triangular pattern is observed in NMDC.
We can expect a breakout or breakdown opportunity in the coming trading sessions.
Happy Trading.
Note
broken out of the resistance trend line. Lets wait for confirmation to enter.Trade closed: target reached
okay, so we did not get a confirmation on the long side, so went with the short side and took a handsome profit.
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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.