TradingView
QuackStocks
Jul 9, 2023 4:16 AM

reversal? 

HINDUSTAN AERONAUTNSE

Description

1. uptrend intact on higher timeframe
2. a distorted head and shoulder has formed at top, not activated yet.
3. price is above 20 and 50 dema that will act as support on any downmove
4. a low bar count tight pennant has also formed

trade:- wait for break and close on either side, secured trade on bearish side as there are dynamic and static supports available
More