Nestle is on a downtrend.
It broke below the 200 DMA with strong volumes. It has pulled back right till the 200 DMA where it was met with resistance.
And now we've 3 strong red candles successively (three black crow candlestick pattern suggestive of bearishness)
And the resistance can be seen right at the trendline that I've drawn.
Tgt: 15200
SL: use trailing stoploss just above the next candle.
It broke below the 200 DMA with strong volumes. It has pulled back right till the 200 DMA where it was met with resistance.
And now we've 3 strong red candles successively (three black crow candlestick pattern suggestive of bearishness)
And the resistance can be seen right at the trendline that I've drawn.
Tgt: 15200
SL: use trailing stoploss just above the next candle.
交易开始
Should reach the target by next 2-3 trading days. till then SL should be trailed.
交易手动结束
Trailing SL was hit on 16 Oct.
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