Description
⋅ This can be a textbook example of rounding bottom.
If it consolidates around 5000 mark to create cup and handle pattern the breakout will be very powerful.
Comment
⋅ Handle under formation...
Trade active
⋅ Breakout with decent volume.
SL 4590
Target 5990
Trade closed: target reached
⋅ In a most unusual move the gap up opening at 5900 saw the selloff from the top and sell on news happened..