Short Term SellWe see three moves after a massive down move. Hind Petro is probably in a complex correction or a simple correction . However in either case, the next move's probability is higher for a downward direction to retest the "A" level. Once at that level, we can look for clues as to where next. If this is a complex correction, we would see the final C up, else it will continue to move down making lower lows. So in the short term, a down move is anticipated.
** This is not a trade advice**
HINDPETRO trade ideas
Go Long !! Huge BreakOut Possibility :)Breakout Strategy !!
Tommorrow price will Try to Break this Level For making New "HIGHER HIGH"
* Trend is up in "15 min." Timeframe
* Big Boys/Pro Traders will try to Break the given Level ........ NOTICE as this price made previous Higher high and then it reverses but didn't break the lower Low ????? think Why
because they want to break that level and make new higher high .......pro. traders want us to sell so they will make market act as short ....and then when everyone will short ....they will make a long and break that level and make a new higher high .........