Fantastic real-time TRIANGLE pattern on ITC
This is NSE equity stock and all level are for equity.
This is a perfect example of Triangle and already completed 5 waves in it. Ready for a breakout. Suppose to breakout, you will get new direction with a spike.
How to detect the direction side of SPIKE(means big and surge move)…! The changing in volume will provide you single for direction move. I have plotted Average Volume when it break and crossover 2x or 3x in volume will lead you the direction of SPIKE.