In case of a breakdown from the descending triangle, further 50 points decline. Wait for the breakdown before taking the short.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.