Short Term Trading Weekend Lounge: 13 - 15 Nov, page-31

  1. 7,636 Posts.
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    @senderos
    Hope you can give an opinion here.
    I have a few charts that are similar to your MBH above. I tend to get scared and either sell at this level or shy away if not holding. The reason is that they tend to pull back after touching a high on two or more touches, in your case 34-36c although yours is the exception with the last two being bullish bars. Am I right in pulling back or should I watch for a breakout?
 
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