Tata Steel Inverted Cup and Handle Pattern

4 окт. 2020 г.

Tata Steel looks weak and appears to be forming an Inverted Cup and Handle Pattern in the daily chart. I would look to short it in the supply zone of 370-375 for targets of 360/343/330.

5 окт. 2020 г.

Заметка

I have put SL on two consecutive closings above 380

5 окт. 2020 г.

Сделка активна

CLOSED AT 382. WILL WAIT FOR ONE MORE CLOSING ABOVE 380 TO EXIT.

6 окт. 2020 г.

Сделка активна

Closed below 380 levels

7 окт. 2020 г.

Сделка активна

Closed at 371. Drop below 370 levels might open 360 levels

12 окт. 2020 г.

Заметка

Made a low of 362.