REC(daily chart) :
Price is retesting 225 layer of flip resistance after a breakout move below the same level followed by a strong downtrend since last few months.We're looking for a price action sell signal on current layer of resistance using 60min & 15 min timeframe to trade in-line with the bearish momentum.Below is the setup chart analysis where i explained the reason of looking for a sell signal in this stock & here is the entry chart analysis of 60min to find an entry in case our strategy triggers.
IOC (Daily & Entry Chart Analysis) : MEMBER ACCESS ONLY
SUMMARY : READ price momentum context – RECOGNIZE the pattern going on – TRADE the pattern till it ends and to learn it all join me in my ADVANCE TRADING COURSE & trade with me real-time using higher & lower timeframe charts.
PLS NOTE : All chart analysis posted above are the author’s own idea of trading for educational purpose only & not any form of advice or recommendations or opinion to anyone.