September 29, 2017

Weekly charts looking bullish

 Assumption/ Condition:
- NF closes near day's high
- current chart does not worsen
- Monday's holiday does not get cancelled

Pattern:
- hammer with buying at lower levels (long tail) (I am long from morning)




Above chart was posted around 1.30 pm

But markets sold after later on and daily/ weekly close was NOT near day's high.

This is the latest chart.



I exited my long positions at small loss.

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