Schiff Pitchfork
Since TCS has already fallen below the 0.5 line of pitchfork
It is possible to touch the next level, blue line.
It is also possible for slight retest before breakdown.
Short Entry is possible below yesterday's low at 3385.
SL is at the Pitchfork 0.5 line at 3397.
Maximum target is higher at around 3290.
However, it has already fallen too much. Maybe one more downside is possibly remaining.
Being a bit conservative near previous highs, we can exit our trade at level 3350, 3300...
Even considering SL and round figure values as support, the first target gives us, minimum RR ratio of 3:1
Since TCS has already fallen below the 0.5 line of pitchfork
It is possible to touch the next level, blue line.
It is also possible for slight retest before breakdown.
Short Entry is possible below yesterday's low at 3385.
SL is at the Pitchfork 0.5 line at 3397.
Maximum target is higher at around 3290.
However, it has already fallen too much. Maybe one more downside is possibly remaining.
Being a bit conservative near previous highs, we can exit our trade at level 3350, 3300...
Even considering SL and round figure values as support, the first target gives us, minimum RR ratio of 3:1
註釋
Opened gap up today, no trade
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。