INDHOTEL Down to its 2 Year old support ??!!!!
已更新
Chart pattern does pave way for the above titled opinion
Reasons:
1. INDHOTEL has been trading inside an Ascending Channel pattern for the past 2 years, taking support and resistance at perfect levels till now.
2. Currently it is going through the Downswing move(in the form of descending channel pattern forming lower high and lower lows) inside the major ascending channel.
3. Weekly time frame chart below
4. Target & SL levels mentioned @ chart
5. Entry can be made after hourly breakdown out of the white trendline as shown below
Let's wait & watch, how it moves!!!!
Note- Just sharing my view....not a tip nor advice!!!!
Reasons:
1. INDHOTEL has been trading inside an Ascending Channel pattern for the past 2 years, taking support and resistance at perfect levels till now.
2. Currently it is going through the Downswing move(in the form of descending channel pattern forming lower high and lower lows) inside the major ascending channel.
3. Weekly time frame chart below
4. Target & SL levels mentioned @ chart
5. Entry can be made after hourly breakdown out of the white trendline as shown below
Let's wait & watch, how it moves!!!!
Note- Just sharing my view....not a tip nor advice!!!!
交易开始
1 hr breakdown!!!注释
nice followup!!!交易开始
lower low formed....increasing the probability of our trade!!!!交易开始
1st Target done!!! gap filled!!!注释
As far as it is inside the channel , it is bearish注释
If it breaks 325 and makes a higher high...better to exit!!!注释
still respecting the levels!!!!交易手动结束
注释
Take the green 2 year support line as target....may form the higher low and then shoot upwards!!!!
let's wait and watch!!!
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。