TATA STEEL FUTURESViés de baixa
Inverted Cup & Handle pattern - Bearish
This analysis is done by using Price action, Chart pattern and Fibonacci levels. Tata Steel looks bearish for the next 2 weeks based on the below analysis
1. There is a trendline breakdown
2. The resistance level is tested multiple times. There should be a breakdown possibly from this level.
3. A cup &handle handle pattern is formed which is also a sign for downtrend
Below targets are determined based on Finonacci levels and Support & Resistance levels
Target 1 - 1054
Target 2 - 1008
Target 3 - 952
1. There is a trendline breakdown
2. The resistance level is tested multiple times. There should be a breakdown possibly from this level.
3. A cup &handle handle pattern is formed which is also a sign for downtrend
Below targets are determined based on Finonacci levels and Support & Resistance levels
Target 1 - 1054
Target 2 - 1008
Target 3 - 952
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.