BID formed a bearish engulfing candle formation yesterday which broke through the upward trendline.This could possibly mean a trend reversal if it continues downwards. Look for a possible short position soon. Target would be in the support area a little further down.
Trade closed: target reached
Closed on 30 Nov with a great profit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.