pin bar

٥ أبريل ٢٠١٨

price facing resistance. price may correct to 352

٥ أبريل ٢٠١٨

ملاحظة

pin bar formed at the 50 day exponential moving average, it signifies resistance.
price may pull back a little to gain strength, by accumulating and cross the hurdle.

٦ أبريل ٢٠١٨

ملاحظة

today it made low of 358 but couldn't go beyond resistance, price may consolidate in the range of 355 to 353 before crossing the hurdle, if you have patience to hold it will go upto 397