JUBLFOOD Next Down Move started ????

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Chart looks Prudent for yet another down move !!!

This is in continuation of the idea posted about jublfood few days back...Refer to it... I have attached below the link to it.(under related ideas)

Target and SL levels (dashed lines) mentioned in chart.

Be cautious if it breaks above the resistance line(thin red trend line) of the descending channel down side.


Let's wait and watch!!!


Note- just sharing my view....not a tip nor advice!!!







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ملاحظة
its right at that thin red resistance line...
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RESPECTING THE LEVELS !!! BEARS HOLD STRONG!!
ملاحظة
Nearing the target...
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1st Target done....
be cautious...there is a possibility of quick retracement upside...
if day candle strongly closes out of the red line....better to exit!!!
will update!!!
ملاحظة
travel to target 2 on ?!!!
أغلقت الصفقة: تم الوصول للهدف
Target 2 done!!!
Bearish PatternsChart PatternsfnoJUBLFOODJUBLIANTFOODWORKSpatternprobabilityshortTrend Analysis

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