Escorts is trading below strong support of 545. It's 200 EMA is also around 545. Formed a small range just below support, which has now become resistance for it. Buyers are active in this region as the delivery percentage is quite high. Deliverable quantity is above average.
Descending triangle is usually a continuous pattern. If it breaks triangle's baseline (514-513) then be ready for good fall (100 points fall is expected in that case). However, if it shows up move, buy above 550 for targets of 580 and 640
Descending triangle is usually a continuous pattern. If it breaks triangle's baseline (514-513) then be ready for good fall (100 points fall is expected in that case). However, if it shows up move, buy above 550 for targets of 580 and 640
Заметка
Short term range below support broken. Keep an eagle eye. Wait for confirmation and shortСделка активна
It is ready!Заметка
Target 1: 490Bigger target: 420
Заметка
First target of 490 achievedЗаметка
Low of 486.60 registeredЗаметка
Seems like it has taken supportЗаметка
Good volume tooСделка закрыта: достигнута тейк-профит цена
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Отказ от ответственности
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.