Bank Of Baroda

17 thg 11, 2016

I have here used the ABC pattern with subwaves 3,3,5. In the C wave as you can see is still forming. here are a list of reasons why i believe that this stock is about to correct.

• wave C is still still under completion with 2 subwaves remaining.
  
• Double top formation.
  
• Formation of indecision candle on both the tops.
  
• Channel formation where even if the there is another high, the upper bound of the channel would act a a resistance and retrace back to fib level 23.6% before continuing downtrend.
  
  

Please leave feedback and comments!!!
Cheers

21 thg 11, 2016

Ghi chú

Trade triggered today. And we are more than 70% closer to the target.

21 thg 11, 2016

Ghi chú

Although target has been reached. This is another good time to enter short in this trade. Lets ride it all the way down

6 thg 12, 2016

Đóng lệnh: đạt mục tiêu

6 thg 12, 2016

Giao dịch đang hoạt động

9 thg 12, 2016

Giao dịch được đóng thủ công

Markets may go up so closing the trade. I have a strong upward bias.