Bearish Indications 1. Lower Highs and Lows 2. Three Black Crows on LH 3. Significance Resistance and support area 4. Head n Shoulder Reversal Pattern 5. 0.6591 and 0.66903 fib levels restest on 1D TF 6. Significance Bearish Divergence Bullish Indications 1. December Remains positive for the last 3 years There are more bearish indications so I will open a short...
We see a doji, an indecision that's suggesting a reversal. There is also 3 black crows and a pull back. These are all signs of a clear reversal, basic forex if you ask me. I'm waiting for it to hit 61.8% fib on 15 mins, then I'm going in for 122 PIPS
NSE:ADANIPORTS The 15 min. chart of ADANIPORTS shows bearish view as it form three black crows at the resistance level of 366.90 It has also formed a bearish divergence with RSI. In 5 min. chart is has slipped below the 50 days Moving Average. It is about to form a bearish MA cross in the upcoming Trading Session. It can possibly touch its support at 346 in...
Three black crows candle formation. More continuous downside is coming. it will make more corrective and sell patterns. we should not buy this now against the trend.
ENTER 104.86 STOP 107.06 TARGET 83.98
ENTER 7.27 STOP 7.69 TARGET 2.42