Indusind Bank 75 Min Analysis , TRIANGLE PATTERN

٧ أبريل ٢٠٢٠

Triangle Pattern Formed .

1) Strong RSI Divergence .
2) Price Reacted From Demand Zone .
3) Entering In Supply Zone .


* Trade Set Up for long . Looking For Bullish Candle Strick Pattern Near Triangle Breakout .(Long Above It )
Preferable Above 428.
* Trade Set Up For Short . Look For Bearish Candle Pattern Near Supply Zone . And Below It Short . With Sl 428 .

Short Trade In this Pattern Not Looking Good Until Last Low Break .

IF SETUP COMPLETE And Market Support Our Direction then Go Long . With Your Bullish Set Up candle Low As A Stop Loss . First Target Will Be 468-475.