JP225 - Start of a Bearish Trend JP225 is analysed on a daily time frame to mark the resistance and support levels and to check the trend. Further analysis is done on an hourly chart to plan and execute a trade. On 1H time frame a bearish divergence is observed and rising wedge pattern has been made. The trend reversal pattern has a breakout and the sell stop pending order is placed.
The Signal is:
EP: 37798
SL: 38339
TP: 37257