RELCAP: More Correction Ahead.
Till Now made 0.333 Fib Retracement.
Possible Parallel Channel Breakout.
If Confirm (Close Below @ 638.4 for two Consecutive Day)
Healthy Correction 0.618 Fib Retracement @ 587.90 Can't Rule-out.
Technical indicators Looks OVERBOUGHT.
Suggests Sell on RALLY.
Best SHORT: @ 652 -@ 663
Intraday Res: @ 649, @ 652.3 - 654.7 (HZ), @ 661
Intraday Sup: @ 638.4, @ 635.2 - @ 632.8 (BZ), @ 626.5.
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Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor.
Till Now made 0.333 Fib Retracement.
Possible Parallel Channel Breakout.
If Confirm (Close Below @ 638.4 for two Consecutive Day)
Healthy Correction 0.618 Fib Retracement @ 587.90 Can't Rule-out.
Technical indicators Looks OVERBOUGHT.
Suggests Sell on RALLY.
Best SHORT: @ 652 -@ 663
Intraday Res: @ 649, @ 652.3 - 654.7 (HZ), @ 661
Intraday Sup: @ 638.4, @ 635.2 - @ 632.8 (BZ), @ 626.5.
If you think this post enrich your knowledge and would help you in trading,
Please don't forget to Hit / Click the Like button.
Your likes are the only motivation to post better ideas in future.
Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor.
עסקה פעילה:
Trade Active yesterday as made a high @ 659.70
mentioned
"Suggests Sell on RALLY.
Best SHORT: @ 652 -@ 663"
Today made a LOW @ 642.75 (near plotted 941.30)
mentioned
"Suggests Sell on RALLY.
Best SHORT: @ 652 -@ 663"
Today made a LOW @ 642.75 (near plotted 941.30)
