AB=CD pattern
Bullish Hammer candle on support line (A)
Price finds support on 55 & 100 moving averages.
possible resistance at resistance level (B) and downward trendline (C)
I recommend to move stop loss to entry point at this point since a possible reversal may occur.
Share your view.
Happy Trading!
Bullish Hammer candle on support line (A)
Price finds support on 55 & 100 moving averages.
possible resistance at resistance level (B) and downward trendline (C)
I recommend to move stop loss to entry point at this point since a possible reversal may occur.
Share your view.
Happy Trading!