Infibeam - Consolidating Weakness ahead

Updated
It has been observed that the price action facing strong resistance between 162-165 zone, indicating further weakness till the price action reaches to near support zone.

T1- 152
T2- 146
SL- 162
Trade active
Trade closed: target reached
Target 1 reached successfully. Regards
Note
Infibeam breaking towards downside after a strong consolidation.
snapshot

Thanks
Beyond Technical AnalysisHarmonic PatternsINFIBEAMsellingpressureTrend Analysis

Related publications

Disclaimer