two pictures seen in this stock -
1 . on weekly charts from 2 weeks we r seeing 2 hammer candles, which itself shows a strong demand zone between 660 720 zone .
2 . on daily chart we can see a small traingle setup .
for day traders buy with 780 sl for 830 target
for medium term trader buy for 900 level sl 765
1 . on weekly charts from 2 weeks we r seeing 2 hammer candles, which itself shows a strong demand zone between 660 720 zone .
2 . on daily chart we can see a small traingle setup .
for day traders buy with 780 sl for 830 target
for medium term trader buy for 900 level sl 765
Zlecenie zamknięto ręcznie
Komentarz:
seems a bull trap(personal view), ignore trade
Komentarz:
or trade with very tight sl
Komentarz:
784 to 754
bull got trapped
784 to 754
Komentarz:
its clearly visible on weekly chart that its in extremly bearish trend and flag pattern was in formation which again is a continuation pattern which suggest a downward breakdown which it gave today.
bull trap. it should touch 600 level before any bounce.
once again bull got trapped.
its clearly visible on weekly chart that its in extremly bearish trend and flag pattern was in formation which again is a continuation pattern which suggest a downward breakdown which it gave today.
bull trap. it should touch 600 level before any bounce.
KA