SAIL SHORT DOUBLE TOP
Sail has made a double top at the bottom of the fib extension level as shown in the chart. The next strong support level is just below 2 ATR (daily) at 86, which is our target. Stoploss should be the open of the daily candle formed on 15/3/22, which is almost like a bearish marubozu indicating strong selling pressure.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.