CSE Global- 19 Sep 24

What does this stock chart says?

A Converging Triangle forms when:

1. Price action becomes consolidated.
2. Volatility decreases.
3. Buyers and sellers are indecisive.

Trading Strategy

1. Buy: Enter long on an upward breakout.
2. Sell: Enter short on a downward breakout.
3. Stop-Loss: Set below the triangle's support or above resistance.