


BullishBear_ke
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0Joined Sep 5, 2017
chartpattern
trendanalysis
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Wait for the price to retest the previous resistance and go short.
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Price is moving in a descending channel on the daily chart. - Doji candle formed on the upper channel with its wick showing rejection. - we shall open a short here , and wait for the price to play out
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Price broke out of a strong resistance area to the upside and found suppoert on 142.30 area. We expect an uptrend till 143.50 . If price breaks above this area, next stop shall be at 144.36 high of DEC 2019.
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Daily close inverted hammer showing rejection of the zone. We shall wait for price to retest the zone and wait for a confirmation of downtrand after which we shall take a sell.
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