tncckn

#kozal looks like a bearish set up but.... #kozal

BIST:KOZAL   KOZA ALTIN
i was lucky to spot the good entery level at 34,00s (see previos ideas posted) its been a good run and i felt the need to update the idea.
intraday chart forming a bearish heand shoulders formation at top. also there is a decent flag formation at the right shoulder.
the way i plan to play the chart is: although how bearish it looks dont get carried away and buy the break out above the shoulder.
tactical short below 45.00.
until than it is a waiting game.
good luck!

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.