SENSEX is Falling 01/02/2021
as we can see
we have bearish Divergence with MACD Signal and MACD Histogram and it is at the end of a bullish trend which is happening post corona Pandemic and it can be interpreted as trend reversal and Distribution time
now it can be the time for some correction and retraces
we have analyzed the daily Timeframe and used Price Action Strategy to find the accumulation zones
these areas are also having confluences with Fibonacci retracement levels which are good areas to target or enter
we may have a small bullish Spike but the overall scenario is bearish from now onwards
we have bearish Divergence with MACD Signal and MACD Histogram and it is at the end of a bullish trend which is happening post corona Pandemic and it can be interpreted as trend reversal and Distribution time
now it can be the time for some correction and retraces
we have analyzed the daily Timeframe and used Price Action Strategy to find the accumulation zones
these areas are also having confluences with Fibonacci retracement levels which are good areas to target or enter
we may have a small bullish Spike but the overall scenario is bearish from now onwards
Trade ativo
shorting now at 50363
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.