We can clearly see the hanging man
(single candle-stick pattern) in the 1D timeframe, which is a signal for upcoming bearish
dominance. Moreover, there is a formation of disjoint channel, which is going to open, most likely downwards.
I am new to technical analysis
and trading field, So, I need as much support, suggestions and improvements which you all can give on this idea.
1. Green lines are for entry
2. Blue lines are for exit.
3. Stoploss can be set according to trader's discretion.