19/4 educational purpose only
sell at around 284.60 (20ma/hourly is at 284.60 and I am unable to find resistance around it as the chart is clearly weak)
sl above 290.15(50ma/hourly is at 290.15)
targets around 270 & 260 (200ma/hourly is at 273.15 but it is just a weak support so can expect 258/260 once
broken)
*trend on daily chart is clearly a bearish lower high and lower low pattern
*trend on hourly chart is clearly a bearish lower high and lower low pattern
sell at around 284.60 (20ma/hourly is at 284.60 and I am unable to find resistance around it as the chart is clearly weak)
sl above 290.15(50ma/hourly is at 290.15)
targets around 270 & 260 (200ma/hourly is at 273.15 but it is just a weak support so can expect 258/260 once
broken)
*trend on daily chart is clearly a bearish lower high and lower low pattern
*trend on hourly chart is clearly a bearish lower high and lower low pattern