SHORT CUMMINSIND
Short CUMMINSIND as it has formed an Engulfing Candlestick Pattern which has Engulfed previous 2 Candles
The Candle is also similar to Bearish Marubozu which show high confidence of Bears
Pivot Point's Support 1 is also penetrated
The Trend line is about to get broken and we may see a good penetration of that trend line as Bollinger Band is expanding
RSI is at 31 level which shows it's ready to go into the oversold zone.
This trade has a very high probability of hitting its target.
Happy Trading.......
The Candle is also similar to Bearish Marubozu which show high confidence of Bears
Pivot Point's Support 1 is also penetrated
The Trend line is about to get broken and we may see a good penetration of that trend line as Bollinger Band is expanding
RSI is at 31 level which shows it's ready to go into the oversold zone.
This trade has a very high probability of hitting its target.
Happy Trading.......
Trade fermée manuellement
SQUARE OFF THIS TRADE AS WE ARE CURRENTLY HAVE NET LOSS OF RS 6.8
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.