Colgate Pattern Trade
Updated
Waiting for retracement at around $67. There is confluence of
- Triangle trendline support,
- 50MA,
- Key Fibo level
- Golden Cross
- All 3 key indicators are also bullish
Will execute only with Bullish Pinbar on support. Look out for updates..
- Triangle trendline support,
- 50MA,
- Key Fibo level
- Golden Cross
- All 3 key indicators are also bullish
Will execute only with Bullish Pinbar on support. Look out for updates..
Note
As anticipated, price has went lower into the support region. Let's wait for a bullish candle, preferably a pinbar on the support.Note
Placing a buy stop order above yesterday's candle high.Trade closed: stop reached
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