FCPO 8 Oct 2021 : Bearish Pennant?

1. Yesterday have bullish pennant formation.
2. Today morning open price hit TP with 1:1 for pennant formation
3. Bearish momentum strong
4. Possible formation of bearish pennant as long as not break the bearish engulfing pattern.

Target TP is 120point.

Yorum:

Break the pattern.. invalidated pennant

Yorum:

Market Sideway.. let see which side price choose.
Strong bearish CS indicates price biased towards a downtrend.

Yorum:

Sell at resistance with condition