KotakBank - Forming a LEADING DIAGONAL TRIANGLE pattern
It is interesting to watch the price action forming a leading triangle as it can represent a new Wave 1 after a all time high breakout. This chart pattern is generally known as continuation trend pattern and subdivides wave structure in 3-3-3-3-3-3 that indicates consolidation between buyers and seller to move prices.
The breakout from here on will define trend and keeping it on my watchlst for tomorrow.
The breakout from here on will define trend and keeping it on my watchlst for tomorrow.
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