Descending triangle formation.
Faced resistance as per trend line.
Reds on volume chart are significantly more than greens with better volumes indicating selling.
May provide 2 targets if breakout happens.
Target 1 - 254
Target 2 - 225 only if breakout occurs. Please wait for confirmation before breakout else could be trapped in a false breakout.
Note:
1)Only for educational purposes.
2)Please check before following.
Faced resistance as per trend line.
Reds on volume chart are significantly more than greens with better volumes indicating selling.
May provide 2 targets if breakout happens.
Target 1 - 254
Target 2 - 225 only if breakout occurs. Please wait for confirmation before breakout else could be trapped in a false breakout.
Note:
1)Only for educational purposes.
2)Please check before following.
交易结束：到达目标:
trade closed at target 1 at 254.5 as buyers were showing dominance.
up rise can be seen again.
can continue until the trend line before falling again.
up rise can be seen again.
can continue until the trend line before falling again.