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COALINDIA : expecting a sell-off from key resistance

(GET FOLLOW-UP UPDATES OF THIS POSTED TRADE SETUP IN FACEBOOK PAGE ONLY)

After a long downtrend, price retraced back to it's prior swing lower-high resistance area of 345 level & we found a sell signal there using 15min timeframe to join the overall bearish trend.We're expecting to hit 302 layer of support in coming days.Get this trade's onging follow-up updates regarding entry,exit in our facebook page only.

SUMMARY : READ price momentum context – RECOGNIZE the pattern going on – TRADE the pattern till it ends and to learn it all join me in my MEMBER FORUM & trade with me real-time using higher & lower timeframe charts.  

PLS NOTE : All chart analysis posted here are the author's own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone.

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READ Trading Lessons "TRANSFORMATION OF TREND(ending or reversing)"

October 12, 2015

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