BBD.B false break of support $2.00 Trapping Go Long $1.75
Gap up Monday Morning,
A test of Resistance $2.15
A bounce off and back down to test Support $2.00
Support fails and signals continued down trend
Downtrend also fails and traps those who short at break of support.
Price heads long @ $1.75 Start of long term uptrend Monthly Chart time frame Entry on the D1 chart.
A test of Resistance $2.15
A bounce off and back down to test Support $2.00
Support fails and signals continued down trend
Downtrend also fails and traps those who short at break of support.
Price heads long @ $1.75 Start of long term uptrend Monthly Chart time frame Entry on the D1 chart.
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