A bearish pattern in the formation..Also pattern PRZ confluence with the resistance trendline. Bearish reversal pattern in the zone triggers short. See the chart for detailed view.
Don't forget to hit like and follow. Trade safe, be healthy.
Regards Bravetotrade
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For details regarding Butterfly pattern see
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For harmonic pattern Trade Execution see..
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This trade is not yet active. A bearish setup in the specified zone, on 1H chart, would trigger short entry. Its a high risk contrary trade setup so risk averse traders should stay away.
this is random but,,,, INDUSINDBK is acting weird. SOmeone isnot letting the price down below 1655 since 10AM. probably the limit order on that,TAPE reverals that with Discolose quantity =100 its been like that 2 hours now.
whats your insight
@Bravetotrade, Okay,Yea,makes sense. I was thinking the other way round,like its an accumulation at that level and would zoom up, but now i get it. Thank you!
Bravetotrade
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@Einstein15, sometimes stocks are unpredictable. No buying interest on one day and they gap up and zoom the next day. Luckily only we have have to bear all these surprises ;)
whats your insight