PEL BEARISH WITH A DOUBLE TOP CONFIRMATION !!!

20 lut 2023

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!!!!

20 lut 2023

Zlecenie aktywne

going good!!!

21 lut 2023

Transakcja zamknięta: osiągnięto wyznaczony cel

Target done!!!

24 lut 2023

Uwaga

785.05 previous low....(twice)
dip below that point may trigger down move again!!!

27 lut 2023

Uwaga

Atlast created a lower low broke 785.05!!!
Bears hold strong!!!

10 mar 2023

Uwaga

Going as per levels ....725 can acts as good support!!
if it breaks that level by good volume...major support at 610 range

13 mar 2023

Uwaga

Next target done!!! 725 LEVEL

At the crucial level, let's see whether it is going for retracement or continue its rally down!!

13 mar 2023

Uwaga

13 mar 2023

Uwaga

broke the 725 level too!!!
major support at 610range!!!

24 mar 2023

Uwaga

Monthly time frame

26 kwi 2023

Uwaga

tight box range consolidation...let's see which side it gets out!!!

28 kwi 2023

Uwaga

770 can be 1st target
790 strong resistance...tough to break!!!