September 13, 2013

Baidu Range breakout

  • Bidu 4 hour chart shows a range breakout. Price is now retesting the breakout area. Buying close to 142.89 levels may give a long trade with good risk reward ratio. Weakness on price trading below 20 Hour SMA and 23.6% Fib level. Bearish on price falling back into the range shown in first chart.
  • GOLD Bearish price action

No comments:

Post a Comment