GOING SHORT in AUDUSD BY TRADING STARTEGYBearish Indications
1. Lower Highs and Lows
2. Three Black Crows on LH
3. Significance Resistance and support area
4. Head n Shoulder Reversal Pattern
5. 0.6591 and 0.66903 fib levels restest on 1D TF
6. Significance Bearish Divergence
Bullish Indications
1. December Remains positive for the last 3 years
There are more bearish indications so I will open a short position by managing proper risk/reward which is 3% of my portfolio
Blackcrow
Bearish view on Adani PortsNSE:ADANIPORTS
The 15 min. chart of ADANIPORTS shows bearish view as it form three black crows at the resistance level of 366.90
It has also formed a bearish divergence with RSI.
In 5 min. chart is has slipped below the 50 days Moving Average.
It is about to form a bearish MA cross in the upcoming Trading Session.
It can possibly touch its support at 346 in upcoming days.
Target 1- 354(Inverse Golden Level 0.618 of initial support-resistance swing)
Stop Loss- 369
I can be 100% wrong.
Do your own analysis before trade.
Happy Trading!