Bullish Indications
1- Dow: LL and LH
2- Inverted cup and handle pattern
3- Bearish divergence on Chaikin oscillator
Biased: Short
Trade Plan A:
Sell @ current price (130) SL @ 145
TP1 115
TP2 100
Trade Plan B:
Short @neck line (115) SL @ current price (129.6)
TP 100
1- Dow: LL and LH
2- Inverted cup and handle pattern
3- Bearish divergence on Chaikin oscillator
Biased: Short
Trade Plan A:
Sell @ current price (130) SL @ 145
TP1 115
TP2 100
Trade Plan B:
Short @neck line (115) SL @ current price (129.6)
TP 100