Microsoft - Lets explore the magic of Technical Analysis / Price action.
Microsoft is currently testing the daily resistance level and it will be more matured once the bearish candle / rejection candle is formed. We see a bearish divergence at this level which is a strong confluence for the bearish trend a head.
forgot to mention, a perfect bookish - Bearish Crab pattern is forming, which is a forming a Potential Reversal Zone (PRZ).
we expect our entry after confirmation on the break of HL - 447 level and then we can plan our TPs accordingly.
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Microsoft is currently testing the daily resistance level and it will be more matured once the bearish candle / rejection candle is formed. We see a bearish divergence at this level which is a strong confluence for the bearish trend a head.
forgot to mention, a perfect bookish - Bearish Crab pattern is forming, which is a forming a Potential Reversal Zone (PRZ).
we expect our entry after confirmation on the break of HL - 447 level and then we can plan our TPs accordingly.
Please like and comment!
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.