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InsiderB
Jul 11, 2017 4:30 AM

ErosMedia : Simplest Ever - Double Bottom Long

EROS INTL MEDIANSE

Description

Simplest trade setup, Double Bottom & RSI divergence so logically upside.

Comment

Trade setup invalidated
Comments
Einstein15
On hourly timeframe, it looks like a small Head & Shoulders with a larger Head&shoulders, inside a channel.
neckline is around 206/209 level if it can hold that, it cud bounce back, i think.else complete the down leg in channel

InsiderB
@Einstein15, Looks real nice & more plausible trade setup, Nice found :)
RJUN
@Einstein15, Head and shoulder is quite Popular on TradingView!
rajanbalana
What does RSI Divergence Indicate?
InsiderB
@rajanbalana, RSI divergence indicate - upside
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