🚨 Trade Alert: KSE 100 Double Top & Bearish RSI Divergence 🚨
We have identified a bearish setup in the KSE 100 index, marked by the following patterns:
Double Top Pattern 🔃
RSI Divergence 📉
Technical Indicators:
The RSI shows a significant bearish divergence, indicating a potential downward move.
The Higher Low (HL) has been broken, reinforcing the bearish sentiment.
Target Price (TP):
TP: 73500 📉
Trade Summary:
Pattern: Double Top with RSI Divergence
Current Action: HL is broken, signaling further decline
Expectation: Index will fall to 73500
Trade Type: Short Swing 📉
Good Luck! 🍀
Stay informed and trade smart! 📊