Daily Chart
An Inside pattern formed with high at 1296 and low at 1281.The pattern indicates hesitation and could be signalling a reversal/stalling of the uptrend.Stochastics is already in a negative divergence to price.So the pattern has higher chances of breaking it's low at 1281.
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
No comments:
Post a Comment