Study 1: Descending Triangle - POWER GRID

٦ أبريل ٢٠٢١

This is Just for study purpose. Power Grid seems to be forming a descending triangle . Based on breakout, it can be a LONG position or SHORT position.

٨ أبريل ٢٠٢١

ملاحظة

Doesnot seems to be a breakout. Lets observe

٩ أبريل ٢٠٢١

ملاحظة

Strong support at 208. Let c if it breakouts for short.

١٢ أبريل ٢٠٢١

ملاحظة

It is a breakout and lets c if it reaches target 192.