Practical Tips For Newbie
8 years ago
"There is only one side of the market and it is not the bull side or the bear side, but the right side." - Jesse Livermore
category:
Candlestick and Chart Patterns,
Daily analysis
premarket preview monthly chart - bearish engulfing in formation (candle not closed yet) weekly chart - 3 black crows pattern, however long lower wick suggests retracement might occur.. daily chart - possible retracement to 50% (208.20) which also coincides with previous low :-? STRATEGY : stay out of market until retracement completed go SHORT once h4 chart confirms downward movement
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