CAIRN - Possible double top @ 270. Sell Setup.

2017年1月17日

Its been observed on daily chart that CAIRN is making double top at 270 and facing strong resistance on 270. Today 17/01 candle wipes out last three days gain.

This might further go down. Short at 262 levels on pullback for TP of 250 and further 240. SL should be 271 on closing basis.

2017年1月18日

註釋

Trade on initiated yet. Today (18/01) Low made is 262.65.

2017年1月20日

註釋

Double top worked as expected. Keep watching...

2017年1月25日

註釋

It crossed 270 levels very aggressively. We are not in trade.