Classic Rounding bottom

This can be a textbook example of rounding bottom.

If it consolidates around 5000 mark to create cup and handle pattern the breakout will be very powerful.

Yorum:

Handle under formation...

İşlem aktif:

Breakout with decent volume.
SL 4590
Target 5990

İşlem kapandı: hedefe ulaştı:

In a most unusual move the gap up opening at 5900 saw the selloff from the top and sell on news happened..