BERGEPAINT Falling Channel (Possibility of Reversal)
1.
BERGEPAINT
is in a falling channel on Daily Time Frame
2. Double Top formation on 30 Min Timeframe with 811 as neckline
3. 820CE has the highest OI and change in OI
4. Currently stock is near supply zone
5. The rise in price yesterday was just a short covering as per order flow analysis
6. RSI Bearish Hidden Divergence on Daily Timeframe
Initiate a sell when a candle closes strongly below 811 on 30 Min Timeframe
BERGEPAINT
is in a falling channel on Daily Time Frame 2. Double Top formation on 30 Min Timeframe with 811 as neckline
3. 820CE has the highest OI and change in OI
4. Currently stock is near supply zone
5. The rise in price yesterday was just a short covering as per order flow analysis
6. RSI Bearish Hidden Divergence on Daily Timeframe
Initiate a sell when a candle closes strongly below 811 on 30 Min Timeframe
Anulowano zlecenie:
Entry Level didn't trigger