1. On Supply and Demand Zone, perfectly Bearish Engulfing Candlestick pattern formed.
2. Trendline is far away from the current price.
3. Take Profit and Stop Loss level clearly mentioned in the chart.
4. That's it. It's pure price action naked chart analysis.
2. Trendline is far away from the current price.
3. Take Profit and Stop Loss level clearly mentioned in the chart.
4. That's it. It's pure price action naked chart analysis.
Trade closed: stop reached