Bearish ABCD is forming which shows that if this patteren b point is break then sellstop order will be execute and stoploss will be point c and TP is at D Point . This point is very crucial due to lot of conflunces here so if sustain this point it will be a potential reversal point looking for long open position
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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.