Wednesday, 19 October 2016

7 comments:

  1. Sir @ 1.26 pm will it be valid BOF of RN 8650,kindly update thnx

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  2. Hi URD,
    A question, plz have a look at this pic:
    http://imgur.com/a/W5vPJ

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    Replies
    1. Sunil
      There is no wrong with the pattern. Few things, there was PDC just below and expected it to hold the price looking at the momentum. So waited it to break PDC to confirm reversal from there. But prices broke down in a straight line.
      URD

      Delete
    2. Yes, there was PDC just below our entry point (shown by dashed blue line in above picture). Plus, momentum of the upmove was pretty strong.
      Thanks

      Delete
    3. Sunil
      There is no wrong with the pattern. Few things, there was PDC just below and expected it to hold the price looking at the momentum. So waited it to break PDC to confirm reversal from there. But prices broke down in a straight line.
      URD

      Delete