Chart patterns suggesting the above titled opinion.
Reasons:
1. Weekly timeframe H&S pattern.
2. Perfect Triangular pattern awaiting a breakdown(probability more)
3. Fib 0.236 resistance respected and nearby POC (volume profile)
4. Entry only after breakdown in Daily time frame with volume.
5. Saviour SL - high of breakdown candle(safer)
6. 1st Target- 210 , 2nd target- 194(next fib support)
There may be one more swing inside the triangular pattern .....so its better to wait for the market's decision.
Every chart teaching us something special.....Let's wait and watch for this lesson!!!
Note: just sharing my view....not a tip nor advice!!!
Reasons:
1. Weekly timeframe H&S pattern.
2. Perfect Triangular pattern awaiting a breakdown(probability more)
3. Fib 0.236 resistance respected and nearby POC (volume profile)
4. Entry only after breakdown in Daily time frame with volume.
5. Saviour SL - high of breakdown candle(safer)
6. 1st Target- 210 , 2nd target- 194(next fib support)
There may be one more swing inside the triangular pattern .....so its better to wait for the market's decision.
Every chart teaching us something special.....Let's wait and watch for this lesson!!!
Note: just sharing my view....not a tip nor advice!!!
עסקה פעילה
הערה:
look for the day's close...Perfect time for entry!!
הערה:
Going good!!!
הערה:
Awaiting big down move !!!
הערה:
bearish flag in 1 hr...timeframe.... Breakdown
עסקה פעילה:
1st Target done as per PROBABILITY !!!
עסקה סגורה: היעד הושג
