TATA STEEL took support on this trend line 3 times and now it broken with some big red candle in 1-day time frame.
Overall it looks like a bearish trend in weekly time frame and reverse in Fibonacci retracement tool at 61.8% level confirms the correction has finished and now ready to come down the mentioned levels.
TATASTEEL
Overall it looks like a bearish trend in weekly time frame and reverse in Fibonacci retracement tool at 61.8% level confirms the correction has finished and now ready to come down the mentioned levels.
TATASTEEL
Bình luận:
Breakdown didn't sustain because of breakdown candle has low volume and next candle can't break the low of the breakdown candle.