Weekly Resistance Zone and an Indecisive Candle formation on W
As we can See that Price has reached in a possible selling zone and can create a possible double Top on a weekly chart. We can also notice that as price is moving up we have a RSI bearish Divergence. We feel that price should continue to trade in a possible Flag Pattern and could go south a little. We also have a good RR of 1:2.5 in this setup. Nice opportunity.. Please follow your trading plan and enter this setup..
Komen:
Already Moved in our direction ... Almost made +250 ...
Komen:
+280 and still sliding ...
Komen:
+350 Pips and going strong
Komen:
+430 PIPS .... We recommend to book half position and trail your stoploss on Breakeven
Komen:
Trade Closed ... Target Achieved .....
