RAMCOCEM - Bearish flag formation in an hourly chart
Updated
Hi Swing Traders,
After a nice upside run, RAMCOCEM has formed a nice bearish flag (in a perfect channel form). It might retrace to re-confirm the first break-down point. Rest is drawn in the chart for the probable future direction.
I hope you will benefit from this knowledge
-MetaVish
After a nice upside run, RAMCOCEM has formed a nice bearish flag (in a perfect channel form). It might retrace to re-confirm the first break-down point. Rest is drawn in the chart for the probable future direction.
I hope you will benefit from this knowledge
-MetaVish
Trade active
Perfect 2nd touch at 868 and now it is falling.Trade closed: target reached
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