Triangle pattern on 1 Hour candle

- ICICI LOMBARD GEN forming triangle pattern in one hour candle. Though it had break down due to steep NIFTY fall on 21-Dec, it is back to range. Keep an eye on it for possible breakdown.
- MACD cross down on signal line done on 11-Dec, on daily chart.
- Lower high is formed on daily candle chart.
- 5 days EMA is about to cross down 13 days EMA.
Trend AnalysisTriangle

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