MTAR False Breakout in 1 Hr Timeframe

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Trap in MTAR Technology
MTar Technology - False Breakout identified with Bearish Divergence.
Shorting from Selling zone started and formed Bearish Harami Pattern.
Zone of Congestion means confusion in Traders mind regarding Direction.
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False Breakout identified :
Result : All downside Target hit till 2024
Fall from Resistance(Red line): 2423 - 2391-2339-2307-221-2035
Bearish PatternsChart PatternsTechnical IndicatorsRelative Strength Index (RSI)rsi_divergenceTrend Analysis

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