There is just one difference in the present breather and that is it is downward sloping whereas the other two were equialteral triangles. This means we are making lower lows too, unlike the other two breathers.The formation looks like a falling wedge with resistance at 3400 and support at 3297 for today.
A long legged doji was formed for the second day in a row with a lot of volatility depicting great indecision and thus confusing us about the direction. At extreme levels this is a sign of reversal. The daily oscillators have started losing momentum and are moving down from over bought levels. Keep the break of rising wedge in 30 minute charts discussed earlier, in mind.I would be on the lookout for a sell sign more than a buy sign at this moment in time.
Let us see if the market finally decides where to go today.
Happy Trading !!