1D DELTACORP (DELTA CORP LTD) - Short Position
1. Bearish Engulfing Candles formed at Support and Resistance Zone.
2. 61.8% Fibonacci Retracement is another confirmation on that S/R level.
3. EMA 365 is off on the Bearish Engulfing Pattern.
4. Entry should be carefully placed at mentioned area because strong S/R level is there but it will definitely break those level and reached it to another S/R zone.
5. Take Profit and Stop Loss level which is clearly mentioned in the chart window. Check that there.
Thanks by
Pupathi Sadagopan
2. 61.8% Fibonacci Retracement is another confirmation on that S/R level.
3. EMA 365 is off on the Bearish Engulfing Pattern.
4. Entry should be carefully placed at mentioned area because strong S/R level is there but it will definitely break those level and reached it to another S/R zone.
5. Take Profit and Stop Loss level which is clearly mentioned in the chart window. Check that there.
Thanks by
Pupathi Sadagopan
Nota
Sorry wrongly mentioned in the chart that 365 EMA acts as support. BUt actually it acts as Resistance. Forgive me guys.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.