It is been observed on the Daily Chart that the price action is forming a bearish flag pattern, which indicates the continuation of the trend. In this situation, the price action is trending down prior forming flag pattern and now once it formed and breaks below it, indicating further weakness ahead.
Target 1: 1400
Target 2: 1375
Stoploss: 1470
Target 1: 1400
Target 2: 1375
Stoploss: 1470
Giao dịch đang hoạt động
After a gap up opening, it has started to slide down.Đóng lệnh: đạt mục tiêu
Target 1 was met yesterday as well as Today at opening. Now, if it continues to hold below 1470 levels then we may see Target 2 coming, and once it breaks above the 1470 levels then there will be a trend change.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.