Chart pattern looks good for a short trade
1. Classic double top pattern with high & Lower high, low & lower low formed thus breakdown!!!!
2. SL & Target levels mentioned as dashed horizontal lines @ chart
In weekly time frame(shown below) , PEL still looks BEARISH(alike of bearish pole & flag)....trading inside a box(rectangle)
Let's wait & watch...how it moves!!!!
NOTE- Just Sharing my view...not a tip nor advice!!!!
1. Classic double top pattern with high & Lower high, low & lower low formed thus breakdown!!!!
2. SL & Target levels mentioned as dashed horizontal lines @ chart
In weekly time frame(shown below) , PEL still looks BEARISH(alike of bearish pole & flag)....trading inside a box(rectangle)
Let's wait & watch...how it moves!!!!
NOTE- Just Sharing my view...not a tip nor advice!!!!
Сделка активна:
going good!!!
Сделка закрыта: достигнута тейк-профит цена:
Target done!!!
Комментарий:
Atlast created a lower low broke 785.05!!!
Bears hold strong!!!
Bears hold strong!!!
Комментарий:
Going as per levels ....725 can acts as good support!!
if it breaks that level by good volume...major support at 610 range
if it breaks that level by good volume...major support at 610 range
Комментарий:
Next target done!!! 725 LEVEL
At the crucial level, let's see whether it is going for retracement or continue its rally down!!
Комментарий:
Комментарий:
broke the 725 level too!!!
major support at 610range!!!
major support at 610range!!!
Комментарий:
Monthly time frame
Комментарий:
tight box range consolidation...let's see which side it gets out!!!
Комментарий:
770 can be 1st target
790 strong resistance...tough to break!!!
770 can be 1st target
790 strong resistance...tough to break!!!
dip below that point may trigger down move again!!!