FCPO 8 Oct 2021 : Bearish Pennant?
Updated
1. Yesterday have bullish pennant formation.
2. Today morning open price hit TP with 1:1 for pennant formation
3. Bearish momentum strong
4. Possible formation of bearish pennant as long as not break the bearish engulfing pattern.
Target TP is 120point.
2. Today morning open price hit TP with 1:1 for pennant formation
3. Bearish momentum strong
4. Possible formation of bearish pennant as long as not break the bearish engulfing pattern.
Target TP is 120point.
Note
Break the pattern.. invalidated pennantNote
Market Sideway.. let see which side price choose.Strong bearish CS indicates price biased towards a downtrend.
Note
Sell at resistance with condition
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