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senderos

4,803 Posts.

385

18/11/20

11:09

Post #: 48953795
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Originally posted by rick64: ↑

@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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Hi rick64

MBH has moved through 35cts resistance and now in a perfect world a re test and hold of that barrier would be very good.

But looking at order good it looks like MBH just keeps moving on. GL
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0 Great analysis

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