MARICO - Rectangular pattern formation on Marico

There is a rectangular pattern formed in 15 min timeframes where the price has taken resistance multiple times near 191.00 level and support near 182.00 levels.


This can be potential trade in both ways:

We can go long if price breaks out 191 level
go short if price breaks down 182 level.


Happy Trading:)

Trade active:

Trade activated in 5 min candle arround ~581.35 level