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BMW at key level of support, Looking for a bounce
BAY.MOTOREN WERKE AG ST
Long
BMW at key level of support, Looking for a bounce
By TheSnowballEffect
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Updated
Mar 5, 2020
3
Mar 5, 2020
bounce trade:
- Overextension to the downside
- touching key support level from strong trendline
Mar 5, 2020
Comment
On the 15 min chart, we can see a triangle forming. if it breaks up, then the trade has a confirmed entry:
Mar 6, 2020
Comment
break and retest to the downside! short entry:
BMW
bmwlong
Trend Analysis
TheSnowballEffect
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