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
Target 1: 603
Stoploss: 625
トレード稼働中
Correction: It is a bearish Butterfly patternトレード稼働中
Price action breaking out 616 levels, now shall move to targets.トレード終了: 利益確定目標に到達
Targets achieved successfully, Regardsトレード稼働中
Analysis done for target 2, now shall reach to 596 levels. 
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関連の投稿
免責事項
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.