Barrier Triangle within Barrier Triangle - Wave E Development.
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.
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.
