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IPCALAB Bearish Gartley Pattern Setup

Previously on daily chart, it is been observed that the price action is ranging in a uptrending channel. Today, on hourly chart, there is formation of Bearish Gartley pattern has been observed which indicates selling pressure at 630 levels, where Bearish Pin-bar pattern is also observed. There is also a MACD crossover that to be noticed too. The above said factors indicating bearishness in the chart and It shall further move down.

Target 1: 603
Stoploss: 625
İşlem aktif
Correction: It is a bearish Butterfly pattern
İşlem aktif
Price action breaking out 616 levels, now shall move to targets.
İşlem kapandı: hedefe ulaştı
Targets achieved successfully, Regards
İşlem aktif
Analysis done for target 2, now shall reach to 596 levels. anlık görüntü

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.