Kewal kiran:1700 break below 1620 target 920
Where as, on trading above 1824, will negate this view.
Trading in a descending triangle ,a bearish formation that usually forms during a downtrend as a continuation pattern. but there are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns. Regardless of where they form, descending triangles are bearish patterns that indicate distribution.
Where as, on trading above 1824, will negate this view.
Trading in a descending triangle ,a bearish formation that usually forms during a downtrend as a continuation pattern. but there are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns. Regardless of where they form, descending triangles are bearish patterns that indicate distribution.