Trade-Technique

Barrier Triangle within Barrier Triangle - Wave E Development.

Singkat
NSE:BPCL   BHARAT PETROL CORP
Today, I'm talking about real-time "Barrier Triangles" which developing on BPCL and very specific aspect of this triangle that I've encountered numerous times and that's the frustrating aspect or characteristic of a triangle stuff to sometimes. In this instance, we are looking at a triangle where we actually have a triangle within triangle.

let me explain you my price chart over real quick and you'll see exactly what I'm talking about. Notice we have connected by trednline waves A and C is horizontal and waves B and D sloping downward therefore, we reveal barrier triangle.

Breakdown - 357 expecting more fall.
Resistance - at or nearby 419

But here, lower TF research can increase odds and confident for trade setup.

I will shortly update - lower TF here.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.