gulz

Potential Bearish BAT (SWING SHORT SETUP)

Short
NSE:CANBK   CANARA BANK
Hi,

A Potential bearish harmonic bat near completion on 15 min chart in confluence of trend line resistance.

Note : MACD 4C giving bearish divergence.

Trade levels as follows.
Entry (Price Reversal Zone) : 354
TP1 : 337.4 (38.2%)
TP1 : 330 (61.8%)
Stop loss : 359.5 or higher

Always watch price action before making entry ( for a better risk/reward ratio)

Trade with care
Gulz.