Mibbro

COST | Bearish ABCD Pattern

NASDAQ:COST   Costco Wholesale
We have observed Bearish ABCD Pattern. We will take entry of sell stop if the trend reverses from point D which is also a Potential reversal Zone (PRZ) after the confirmation of bearish divergence on RSI and new trend formation with LHs and LLs.
Disclaimer

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.