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RECLTD : Price rejected off key resistance

After a large downmove, price retraced up towards it's key flip resistance level of 265-270 & faced rejections from sellers over there. We're looking for price action sell signal to occur on this layer of resistance & hit a sell trade towards key support level of 236 area.

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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August 18, 2015

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