TCS short idea using Pitchfork

2021년 10월 31일

Schiff Pitchfork
Since TCS has already fallen below the 0.5 line of pitchfork
It is possible to touch the next level, blue line.
It is also possible for slight retest before breakdown.

Short Entry is possible below yesterday's low at 3385.
SL is at the Pitchfork 0.5 line at 3397.
Maximum target is higher at around 3290.
However, it has already fallen too much. Maybe one more downside is possibly remaining.
Being a bit conservative near previous highs, we can exit our trade at level 3350, 3300...
Even considering SL and round figure values as support, the first target gives us, minimum RR ratio of 3:1

2021년 11월 1일

노트

Opened gap up today, no trade