PEL BEARISH WITH A DOUBLE TOP CONFIRMATION !!!
מעודכן
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!!!!
עסקה פעילה
going good!!!עסקה סגורה: היעד הושג
Target done!!!הערה
785.05 previous low....(twice)dip below that point may trigger down move again!!!
הערה
Atlast created a lower low broke 785.05!!!Bears hold strong!!!
הערה
Going as per levels ....725 can acts as good support!!if it breaks that level by good volume...major support at 610 range
הערה
Next target done!!! 725 LEVELAt the crucial level, let's see whether it is going for retracement or continue its rally down!!
הערה
הערה
broke the 725 level too!!!major support at 610range!!!
הערה
Monthly time frameהערה
tight box range consolidation...let's see which side it gets out!!!הערה
770 can be 1st target
790 strong resistance...tough to break!!!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.