Descending Triangle Formation & Neutral Candlesticks

Descending Triangle formation on Bank of Baroda Chart.
Descending Triangle is a consolidation pattern.
According to the pattern, a possible downside breakout is expected.

Watch the last 3 Candlesticks:-
  • 16 April 2020 - Dragonfly Doji
  • 17 April 2020 - Spinning Top
  • 20 April 2020 - Long Legged Doji

All these candlesticks are neutral candlesticks.

bankofbarodaChart PatternsDescending TriangledescendingtriangletradingDojiTechnical IndicatorsSpinning TopTrend Analysis

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