Shares - ASX200 - Westpac WBC Descending Triangle SHORT

ASX 200 - Westpac descending triangle breakout. High probably pattern. Target is set at 21.60. STO is low so entry price between 22.60 and 22.90. Expect levels around the 20.60 level as a take profit.

Volume: pretty low showing lack of support.

RSI: The new low has been confirmed by a new RSI low of 34.

STO: STO is low so it may be possible to enter a little higher just below 23.

Current Price: 22.63

Target 1: 21.60

Stop Loss: 23.90