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Action/Reaction Bollinger Band Setup

Обновлено
AR set is suggesting that price has reached the level where one can expect a reaction. We have seen bearish engulfing exactly at the level thus one can short the stock with SL of recent high. Price expectation 740/700.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
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Parallel ChannelSupply and Demand

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