- This topic has 0 replies, 1 voice, and was last updated 8 years, 7 months ago by
.
Viewing 1 post (of 1 total)
-
Posts
-
As per the indication marked in the chart, Piercing is seen after bullish trend with small lower tail, which indicate the strength of the sellers on that day. The same is supported by RSI where the values crossed above 70% and coming back below 70% at this point(indicate to create short position).
Trade Plan: Direction Bearish, Position Short, Entry below 584, SL 626, Target 542
Viewing 1 post (of 1 total)
- You must be logged in to reply to this topic.
