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technicalwhale
May 29, 2020 1:11 PM

MOTHERSUMI technical analysis. Possible down move. 

Description

Hello Trader, Here is the full analysis of MOTHERSUMI:
1) On the Daily chart we can see it as formed butterfly pattern and is inside raising wedge ( Bearish pattern ).
2) Price is testing a strong resistance zone and can test this zone for up move and if it fails then on the basis of butterfly and strong resistance one can look for short.


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