BaliShag
Short

FLSMIDTH bearish 5-0

CHXEUR:FLSC   FLSMIDTH & CO A/S
272 0 5
FLS             completed the daily bearish 5-0 with a minor instant reaction. We've just had another test which resulted in a succesful bearish bat on the hourly time frame. See private chart below.

Targets if 250 is taken out would be the potential bullish bat/leonardo close to the last bottom. In case of total break down I have marked som older lower targets. For now I will properly remain bearish as long as the box/channel isn't broken.

Q3 on thursday the 12th and already more than 4% down from the PRZ makes it way too risky to enter now but I thought I'd share it anyways.

Bearish bat on 2h private chart:
FLS short
Comment: Another bearish 5-0 on the 15 min, but it did touch the .618. Q3 tomorrow .. letting it slide.

 
Comment:
FLS bull bat
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