📉 Sell Setup Overview:
Pattern Identified:
4H Evening Star — a bearish reversal pattern indicating potential downside.
Trade Setup:
Entry Zone: Around 3,219.970
Stop Loss: Above 3,235.984
Targets:
TP1 (Take Profit 1): Around 3,170.000 (Golden Ratio 0.618 zone)
TP2: Around 3,121.724 (near Support 2)
Technical Zones:
Breakdown + Retest zone highlighted in yellow (indicating confirmation of bearish reversal).
Golden Ratio (0.618) support/fib zone — used as a significant level for TP1.
Support 1 and Support 2 are drawn as potential price stalling or reversal zones.
Pattern Identified:
4H Evening Star — a bearish reversal pattern indicating potential downside.
Trade Setup:
Entry Zone: Around 3,219.970
Stop Loss: Above 3,235.984
Targets:
TP1 (Take Profit 1): Around 3,170.000 (Golden Ratio 0.618 zone)
TP2: Around 3,121.724 (near Support 2)
Technical Zones:
Breakdown + Retest zone highlighted in yellow (indicating confirmation of bearish reversal).
Golden Ratio (0.618) support/fib zone — used as a significant level for TP1.
Support 1 and Support 2 are drawn as potential price stalling or reversal zones.
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.
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.