ICICI BANK Short Opportunity
ICICI BANK SHORT (Hourly Chart)
Short below 934
Targets: 925/911
SL: 939
- Tight Consolidation of one month.
- Descending Triangle Pattern in Hourly tf.
- Weekly Resistance Reversal
- Consolidation and distribution phase near All-time High (ATH).
- Breakdown Below 200 EMA (hourly) and close below 934 will trigger a quick sell-off.
Short below 934
Targets: 925/911
SL: 939
- Tight Consolidation of one month.
- Descending Triangle Pattern in Hourly tf.
- Weekly Resistance Reversal
- Consolidation and distribution phase near All-time High (ATH).
- Breakdown Below 200 EMA (hourly) and close below 934 will trigger a quick sell-off.
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