Rectangle Lower range buy STOCH oversold
Bit late in publishing this idea. Call was given at 725 level and its already down to 704,but further downside expected upto 650 levels easily. Engulfing candle has also appeared, which has reinforced the view. At 650, it will complete FIB retracement of 38%.
Daily Bullish price Pattern Entry Taken on pivots level
IT SEEMS WEAK AS EXCESS SELLING IS BEEN OBSERVED DURING THE DAY. I BELIEVE IT WILL BE A GOOD SHORT FOR TOMORROW. RISK REWARD: 1:8
After confirming previous support as resistance and making a double top, it seems that selling pressure is high (profit taking) and we can anticipate prices to go down to next support level marked at 707
Dis pair is in uptrend but as per RSI there is bearish diversion so i take sell entry in dis stock....Entry,stop loss and target given on chart. TRADE WITH CARE REGARDS KING999