Petronet - Symmetrical Triangle Formation (Close to Breakout)

١٠ أغسطس ٢٠١٦

After a big breakout from 300 levels, it is been consolidating for a while and now it seems like a symmetrical triangle and it is high likely to breakout downside as it may retest 300 levels to confirm a new support. Looking forward for tomorrow's price action.

Target (If go down): 300 SL 312

Target (if go up): 318 SL 308