BLS International services has formed a bearish wolfe wave pattern om weekly time frame.
With this pattern it has potential to reach up to 200 on Fib support with following targets;
Target1: 320
Tagrte2: 265
Target3: 265
Being bearish wolfe wave it can also touch 105 in a worst situation.
SL: 395 to 400 on a week candle close.
With this pattern it has potential to reach up to 200 on Fib support with following targets;
Target1: 320
Tagrte2: 265
Target3: 265
Being bearish wolfe wave it can also touch 105 in a worst situation.
SL: 395 to 400 on a week candle close.
Note
Target 1 Achieved....Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.