Tuesday, December 20, 2011

TZA short, POT long



Simple bear flag formation. Short on the break of 3rd candle low.




I Like red, green, red bar for a short when the low is taken out but instead if it takes out the high, worth going long. TZA had the same pattern on 12/13. Pot had the same pattern on daily but today price took out high instead of taking out the long. I entered long just below PDH.

7 comments:

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Trip

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