Sunday, February 28, 2010

Chart Update... Need to wait for confirmation









1. Daily - Belum confirmed price akan RETRACE based on closed candle on FRIDAY.

2. 4Hr - Belum confirmed price akan RETRACE based on closed candle on FRIDAY.

3. 4Hr; price make a double LOW... so price most likely will bounce and may test NECKLINE...

4. If price breaks NECKLINE in 4Hr & Daily Candle make a NEW HIGH - This suggest price will make bigger retracement..

5. My strategy: RIDE THE BEAR TREND TILL IT ENDS & SELL ON RALLIES...

6. Will update chart if (1) & (2) confirmed.


No comments: