ESCORTS
4HR TF
Seems like it is forming a BEARISH MEGAPHONE PATTERN.
If it continues the breakout on downside then tomorrow we can hopefully
see the targets marked in GREEN.
Otherwise resistances are marked in RED.
Currently it is at a SUPPORT LINE TESTED MULTIPLE TIMES IN THE PAST ALSO.
Lastly on this TF, the 50 EMA is posied to crossover downside the 200 EMA.
4HR TF
Seems like it is forming a BEARISH MEGAPHONE PATTERN.
If it continues the breakout on downside then tomorrow we can hopefully
see the targets marked in GREEN.
Otherwise resistances are marked in RED.
Currently it is at a SUPPORT LINE TESTED MULTIPLE TIMES IN THE PAST ALSO.
Lastly on this TF, the 50 EMA is posied to crossover downside the 200 EMA.
Trade active:
1st target hit....
Comment:
Second target also hit... Moving onto 3rd
Trade closed: target reached:
All targets hit and reversed