From the chart, it is seen that a sideways price movement is observed in such a way that the consecutive tops are getting lower and the consecutive bottoms are getting higher. The line joining the tops and the line joining the bottoms form a Triangle. Also, a Bearish breakout with high volume is noted. So, the price is expected to go further low and it is recommended to create a Short position.

0 Comments

Leave a reply

©2024 | Rights Reserved | EQSIS | Terms and ConditionsPrivacy Policy

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?