Technically it is forming a lower high lower low structure which indicates that the stock is in downtrend and with this it is also facing a downward resistance trendline and this can be seen when the inverse head and shoulder formation was formed and it failed to break through the trendline and thus eventually created a false breakout. Thereafter we can see an...
BINANCE:BTCUSDTPERP
TECHNICAL ANALYSIS
--> BTC/USDT had made a impulsive downmove earlier and was consolidating in a Inverted Flag Pattern since 3 months.
--> BTC/USDT has given a breakdown from a INVERTED POLE & FLAG Pattern.
Bitcoin Onchain Analysis
-->during the consolidatiion of BTC/USDT in a Inverted Flag Pattern since 3 months.
-->In...
MAS FINANCIAL SERVICE
Although Stock is in downtrend, we bet soon Uptrend will start
On weekly Chart Inverted Flag pattern can be seen
On Daily Chart we can see Double bottom pattern
Buy At CMP for positional targets of 650/700-725 levels
Keep SL of 480
Mid to long term View
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Note:
Above levels are for education purposes only
Do your own analysis...
TRADING SUGGESTION:
Now we looking to the market formed inverted flag pattern,so now take sell trade.GOOD LUCK
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TAKE A TRADE ,SIT BACK AND RELAX
LIKE AND SHARE
Downtrend followed by inverted flag/pennant formation.
Look to short once a red candle closes below the support zone.
Stoploss - High of the pennant
Target - Approx length of flagpole
