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

Güncellendi
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!!!
İşlem aktif
Not
look for the day's close...Perfect time for entry!!
Not
Going good!!!
Not
Awaiting big down move !!!
Not
bearish flag in 1 hr...timeframe.... Breakdown
İşlem aktif
1st Target done as per PROBABILITY !!!
İşlem kapandı: hedefe ulaştı
Chart PatternsprobabilityTrend Analysis

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