Daily Chart
Yesterday I wrote "The retracement has been exactly 50% of the fall from 1475 to 1343.This level normally leads to some pullback". The pullback did occur forming a hanging man which is a bearish reversal pattern.Trade and close above the highs of the candle is necessary to invalidate the bearishness.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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