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NimbusTrader
Apr 20, 2018 12:13 PM

FLOW Daily Chart - 20th April 

Description

FLOW seems to be bouncing off nicely from the trendline and this has been tested for a couple of times.

Do you notice the deep V pattern at the chart? The price goes almost 90 degrees down way to hit the support line and fly from there.

Do becareful if the price breaks the #trendline, so we shall place a buy limit that higher than the current candle to catch the momentum! Current candle forming a pullback (resting after a long run), and hope it take enough rest and go bull after that.

The strategy that we used are not just merely based on the chart itself but we use a confluences of indicators to support our pick.

Rainbow is always formed after the storm!

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