Daily Chart TA
We are right now sitting on Descending Triangle support box ( Green Colour Flat bottom).
Daily RSI and MACD is bearish and recently broke RSI support as well.
Descending Triangles are known for bearish continuation patterns.
So on a short term. If we hold this support. and make a daily reversal candle possible another lower high.
Resistance levels : 9656-9880-10040-10556> you just name IT. So much Resistance cluster on our head. Need extreme volume to break all of them.
Right now so much weakness . I have TPED partially as per shared targets 40% of my Shorts. Remaining i am holding SL at break-even. I will eventually load more in the top of the channel.
4H indicators are oversold. so need to retest . pull back is expected.
We are right now sitting on Descending Triangle support box ( Green Colour Flat bottom).
Daily RSI and MACD is bearish and recently broke RSI support as well.
Descending Triangles are known for bearish continuation patterns.
So on a short term. If we hold this support. and make a daily reversal candle possible another lower high.
Resistance levels : 9656-9880-10040-10556> you just name IT. So much Resistance cluster on our head. Need extreme volume to break all of them.
Right now so much weakness . I have TPED partially as per shared targets 40% of my Shorts. Remaining i am holding SL at break-even. I will eventually load more in the top of the channel.
4H indicators are oversold. so need to retest . pull back is expected.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.