🚨 Trade Alert: KSE 100 Double Top & Bearish RSI Divergence 🚨
We have identified a bearish setup in the KSE 100 index, marked by the following patterns:
Double Top Pattern 🔃
RSI Divergence 📉
Technical Indicators:
The RSI shows a significant bearish divergence, indicating a potential downward move.
The Higher Low (HL) has been broken, reinforcing the bearish sentiment.
Target Price (TP):
TP: 73500 📉
Trade Summary:
Pattern: Double Top with RSI Divergence
Current Action: HL is broken, signaling further decline
Expectation: Index will fall to 73500
Trade Type: Short Swing 📉
Good Luck! 🍀
Stay informed and trade smart! 📊
We have identified a bearish setup in the KSE 100 index, marked by the following patterns:
Double Top Pattern 🔃
RSI Divergence 📉
Technical Indicators:
The RSI shows a significant bearish divergence, indicating a potential downward move.
The Higher Low (HL) has been broken, reinforcing the bearish sentiment.
Target Price (TP):
TP: 73500 📉
Trade Summary:
Pattern: Double Top with RSI Divergence
Current Action: HL is broken, signaling further decline
Expectation: Index will fall to 73500
Trade Type: Short Swing 📉
Good Luck! 🍀
Stay informed and trade smart! 📊
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.
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.