Support Line (A) : 1493.0550 – Last TP of Descending Triangle
Resistant Line (B) : 1499.5300 – Last TP of Descending Triangle
Target Period : 6 hours
Interval : 1 hour
Pattern : Descending Triangle
Length : 30 Candles
Identified : 20-August-19
Detail : Descending Triangle identified at 20-Aug-10:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1493.0550 within the next 6 hours. (Supported by Downward sloping Moving Average)
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