It is been observed on the Daily Chart that the price action is forming a bearish flag pattern, which indicates the continuation of the trend. In this situation, the price action is trending down prior forming flag pattern and now once it formed and breaks below it, indicating further weakness ahead.
Target 1: 1400
Target 2: 1375
Stoploss: 1470
Target 1: 1400
Target 2: 1375
Stoploss: 1470
交易开始
After a gap up opening, it has started to slide down.交易结束：到达目标
Target 1 was met yesterday as well as Today at opening. Now, if it continues to hold below 1470 levels then we may see Target 2 coming, and once it breaks above the 1470 levels then there will be a trend change.
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免责声明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.