RRC bearish hammer on daily bearish candle below 10 EMA
Nice consolidation at point of control after bearish hammer and first bear candle closing below 10 EMA.
If we break down expect a nice downward impulse.
If we break down expect a nice downward impulse.
Trade active
Took 25% at MA 100, moved stop above last strong bearish candle since market is in indecision, set another 25% target at MA 200 and will run the rest to the end.Trade closed: target reached
Closed at stop in profit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.