Bearish Flag Formation observed! (Both hourly and daily chart)
A bearish flag formation is seen, will the upcoming elections and budget uncertainity lead to a downside breakout.
If it does it will lead to a downfall of around 700 points from the breakout.
This can be a good short for risky traders.
PS: Constructive criticism and opinions are appreciated.
Thank you!
If it does it will lead to a downfall of around 700 points from the breakout.
This can be a good short for risky traders.
PS: Constructive criticism and opinions are appreciated.
Thank you!