ECL - ECOLAB INC - SHORT
WE MAY HAVE A VERY NICE SHORT HERE WITH THIS RISING WEDGE LOOKING TO BREAK DOWNWARDS. AFTER THE FALSE BREAKS THIRD TIME IS THE CHARM AND WITH A GOOD VIEW OF THE WEEKLY ACTION WE COULD SEE A GOOD FALL DOWN TO THIS KEY LEVEL HIGHLIGHTED IF PRICE CONTINUES TO FALL WE MAY EVEN HIT SECOND TARGET
WE MAY HAVE A VERY NICE SHORT HERE WITH THIS RISING WEDGE LOOKING TO BREAK DOWNWARDS. AFTER THE FALSE BREAKS THIRD TIME IS THE CHARM AND WITH A GOOD VIEW OF THE WEEKLY ACTION WE COULD SEE A GOOD FALL DOWN TO THIS KEY LEVEL HIGHLIGHTED IF PRICE CONTINUES TO FALL WE MAY EVEN HIT SECOND TARGET
Trade active:
BREAKING OUT WITH A STRONG BEARISH START TODAY
Trade closed manually:
AFTER 2 FAKE BREAKS APPEARS WE COULD BE BREAKING UPWARDS HERE RISING WEDGE IS ASCENDING INTO A BROADENING WEDGE STRONG PIVOT AROUND THE 118 MARK COULD ACT AS STRONG FOOTHOLD FOR MORE UP TIME IF WE BREAK IT
