The visible target is sub 900 levels.. lets see if the market acts as per the WW set up on this.
I have recently published a similar IDEA on HAL
Trade ativo
Price has bounced from 1100 levels to 1160-70 levels against our short view.. But the price is still trading below the trendlines still.. Trade is active with an SL of 1205
Trade fechado: objetivo atingido
Pattern is still active and getting stronger day by day..Now we can see H&S pattern formation too..
200 Hour EMA was acting as a resistance at 1200 levels.. that swift pullback from 1080 to 1200 had shook my confidence and conviction.. But the SL got saved by a few points..
Price can take any form.. we should be adaptable to the same. Entry is very very crucial and important..
For now, price could possibly give a bounce to 50 HEMA.. Waiting for the break of Swing low
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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