Identify a triangle in the Dollar Rupee chart from Apr 2010 - Till date.
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Below is the descending triangle in Dollar Rupee chart.
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The triangle pattern tells that a big move is coming very soon as the triangle is ending.The prices will move out of this triangle and move rapidly in one direction because the compression always lead to expansion in stock market too. A descending triangle has the nature of breaking on the downside which means its highly probable but not for sure.
The other possibility is it breaks on the upside and remain in the range of 44-50 in coming time.
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