19/4 educational purpose only
sell at around 17600/17625 (20ma/hourly is at 17611.30)
sl above 17825 (50ma/hourly is at 17776.15)
targets around 17150 & 16850 (200ma/hourly is at 17168.75 but it is just a weak support so can expect 16850 once
broken)
*trend on daily chart is clearly a bearish lower high and lower low pattern
*trend on hourly chart is clearly a bearish lower high and lower low pattern
sell at around 17600/17625 (20ma/hourly is at 17611.30)
sl above 17825 (50ma/hourly is at 17776.15)
targets around 17150 & 16850 (200ma/hourly is at 17168.75 but it is just a weak support so can expect 16850 once
broken)
*trend on daily chart is clearly a bearish lower high and lower low pattern
*trend on hourly chart is clearly a bearish lower high and lower low pattern