1D DELTACORP (DELTA CORP LTD) - Short Position
1. Bearish Engulfing Candles formed at Support and Resistance Zone.
2. 61.8% Fibonacci Retracement is another confirmation on that S/R level.
3. EMA 365 is off on the Bearish Engulfing Pattern.
4. Entry should be carefully placed at mentioned area because strong S/R level is there but it will definitely break those level and reached it to another S/R zone.
5. Take Profit and Stop Loss level which is clearly mentioned in the chart window. Check that there.
Thanks by
Pupathi Sadagopan
2. 61.8% Fibonacci Retracement is another confirmation on that S/R level.
3. EMA 365 is off on the Bearish Engulfing Pattern.
4. Entry should be carefully placed at mentioned area because strong S/R level is there but it will definitely break those level and reached it to another S/R zone.
5. Take Profit and Stop Loss level which is clearly mentioned in the chart window. Check that there.
Thanks by
Pupathi Sadagopan
Nota
Sorry wrongly mentioned in the chart that 365 EMA acts as support. BUt actually it acts as Resistance. Forgive me guys.
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.