Dow: NA
Cand: Hammer on Weekly Charts (+)
S&R: NA
Trend Line: Consolidation
Fib: 0.236 Resistance broken (+)
Chart Pattern: ABCD (+)
Div: NA
Entry and Take Profit levels are mentioned in chart.
Cand: Hammer on Weekly Charts (+)
S&R: NA
Trend Line: Consolidation
Fib: 0.236 Resistance broken (+)
Chart Pattern: ABCD (+)
Div: NA
Entry and Take Profit levels are mentioned in chart.
Comment:
Both plans were on the plate as mentioned on chart. Plan 2 triggered as the resistance level was beautifully and exactly respected and a downward move started. TP achieved. Trade closed.