Tuesday, July 26, 2016

BRACBANK



A simple trade using a harmonic three drive and RSI . Entry for the trade has already gone. But it could be useful to point to the setups and conditions around it, because it provide a great example of combining high probability technicals to initiate a trade. 

The price provided a great shorting opportunity after completing a three drives pattern around 58/59 level. A long upper wick was formed at that level confirming a high chance reversal. Meantime, RSI Divergence supported the short scenario. 

All my ideas are just my personal view. Trade Your own view. 





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