Chart Patterns suggesting me to go with the above titled opinion !!!
Reasons
1. Dec 21,22,23 daily candles with volumes suggesting the bears entry.(Dec 23rd candle being breakdown candle of trendline from june 2022).
2. Follow up candles on DEC 26,27 show bulls regaining back but LACK OF VOLUMES SHOWS THEIR WEAKNESS!!!
3. Coming to 2hr timeframe, it is looking like the formation of Inverted Cup & Handle (Handle in progress).
4. We can make our entry , after a 2hr bearish candle breaking down of the white trendline.
5. SL(2hr closing ) and Target levels mentioned @ chart !!
Remember, ENTRY ONLY AFTER BREAKDOWN.
Let's wait and watch how it moves!!!
Note - Just sharing my view....not a tip nor advice!!!
Reasons
1. Dec 21,22,23 daily candles with volumes suggesting the bears entry.(Dec 23rd candle being breakdown candle of trendline from june 2022).
2. Follow up candles on DEC 26,27 show bulls regaining back but LACK OF VOLUMES SHOWS THEIR WEAKNESS!!!
3. Coming to 2hr timeframe, it is looking like the formation of Inverted Cup & Handle (Handle in progress).
4. We can make our entry , after a 2hr bearish candle breaking down of the white trendline.
5. SL(2hr closing ) and Target levels mentioned @ chart !!
Remember, ENTRY ONLY AFTER BREAKDOWN.
Let's wait and watch how it moves!!!
Note - Just sharing my view....not a tip nor advice!!!
Сделка активна
Volume seeming to be the concern once again....its moving as per levels. let's seeЗаметка
29 dec 11am hourly candle volume...supports the trade in our way!!!Заметка
Respecting the levels!!!Заметка
Soon to 1st target!!
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Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.