Tatapower - in verge of a DOWNMOVE??!!!

Mis à jour
Chart patterns suggesting the above titled opinion.

Reasons:

1. Weekly timeframe H&S pattern.
2. Perfect Triangular pattern awaiting a breakdown(probability more)
3. Fib 0.236 resistance respected and nearby POC (volume profile)

4. Entry only after breakdown in Daily time frame with volume.
5. Saviour SL - high of breakdown candle(safer)
6. 1st Target- 210 , 2nd target- 194(next fib support)

There may be one more swing inside the triangular pattern .....so its better to wait for the market's decision.

Every chart teaching us something special.....Let's wait and watch for this lesson!!!

Note: just sharing my view....not a tip nor advice!!!
Transaction en cours
Note
look for the day's close...Perfect time for entry!!
Note
Going good!!!
Note
Awaiting big down move !!!
Note
bearish flag in 1 hr...timeframe.... Breakdown
Transaction en cours
1st Target done as per PROBABILITY !!!
Trade fermée: cible de profit atteinte
Chart PatternsprobabilityTrend Analysis

Clause de non-responsabilité