It is been observed on Weekly chart that the price action forms a bearish pin-bar candlestick pattern indicating rejection of higher price action and seller dominance over price action. Now, it shall further move down to next support levels.
Target 1: 800
Target 2: 750
Stoploss: 880
Target 1: 800
Target 2: 750
Stoploss: 880
Trade active
Trade active
Trade active
Note
Closing to Target 1Trade active
Trade closed: target reached
Today, it made a low of 800, Target 1 reached successfully. Regards
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Related publications
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.