BERGEPAINT Falling Channel (Possibility of Reversal)

1. BERGEPAINT is in a falling channel on Daily Time Frame
2. Double Top formation on 30 Min Timeframe with 811 as neckline
3. 820CE has the highest OI and change in OI
4. Currently stock is near supply zone
5. The rise in price yesterday was just a short covering as per order flow analysis
6. RSI Bearish Hidden Divergence on Daily Timeframe

Initiate a sell when a candle closes strongly below 811 on 30 Min Timeframe

Order avbruten:

Entry Level didn't trigger