Short
EBIX (US) - 120 min sell
EBIX (US) is in downtrend and under performing the US index (nasdaq). After huge downfall it makes triangle which also broken down. Sell with stops above 18.18 for bigger target.
Trade closed: stop reached
The triangle was actually X wave of WXY pattern.Note
First this is not a triangle which i draw. Its the part of complex correction.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.