[ATTACH] Today we get a hammer .... a good reversal signal ....

Today we get a hammer .... a good reversal signal . Just pure TA comment. This sort of pattern is a primary down trend , 2 scenarios can happen here

1 - like the above chart , former support turned resistance, respect that and resume falling will mean the primary downtrend is valid

2 - reboud and stay above the rising trend line , it will be false break and GAME ON for the longs

Chance for scenario 1 is higher.

One thing is certain, BAL will go up now either take profit at 12.1-12.2 or go long term. It is your call