BALKRISIND POSITIONAL VIEW BASIS PRICE ACTION
BALKRISIND- Fake Out followed by Huge selling seen on 9 Feb
- The resistance zone is shifting lower indicating higher presence of sellers
- The Trendline is the first line of defence followed by the last support in the range of 1509-1529
- TWO Possible trading setup's basis the trading style
A]Breakdown or breakdown and retest of support turned resistance (1509-1529) would trigger SELL
B] Breakdown of Trendline and/or Retest of Trendline - Stop Loss would be above 1653
- Targets as indicated in Charts
Leave a LIKE if you have learnt something from this analysis. Share and Comment would be appreciated as your way of showing gratitude !!!
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.