octradr

BP is poised to sink!!!

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BATS:BP   BP p.l.c.
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Zoom out to see the overall picture. It just formed a major bearish dark cloud cover with a doji at a major resistance band. Short now and reap the rewards. Set stop at 44 and cover at 42.50 if it retreats quickly. Short again if it re-tests the resistance area again with a target of 41.50. Happy trading.
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