Tuesday, December 3, 2013

Russell BMT Selling With A Golden Wave Pattern; SchoolOfTrade com



This morning we see the Russell bouncing out of a supply zone that is just tagged after going through the BMT.




We initially want to buy out of the supply zone but with a BMT overhead we have to be conscious of a possible rejection of that level back lower which is exactly what happened.

We bag a nice FAST and easy $160/contract this morning on a gorgeous Golden WAVE Pattern!

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