Descending triangle spotted - Escorts
已更新
Escorts is trading below strong support of 545. It's 200 EMA is also around 545. Formed a small range just below support, which has now become resistance for it. Buyers are active in this region as the delivery percentage is quite high. Deliverable quantity is above average.
Descending triangle is usually a continuous pattern. If it breaks triangle's baseline (514-513) then be ready for good fall (100 points fall is expected in that case). However, if it shows up move, buy above 550 for targets of 580 and 640
Descending triangle is usually a continuous pattern. If it breaks triangle's baseline (514-513) then be ready for good fall (100 points fall is expected in that case). However, if it shows up move, buy above 550 for targets of 580 and 640
註釋
Short term range below support broken. Keep an eagle eye. Wait for confirmation and short交易進行
It is ready!註釋
Target 1: 490Bigger target: 420
註釋
First target of 490 achieved註釋
Low of 486.60 registered註釋
Seems like it has taken support註釋
Good volume too交易結束：目標達成
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