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Have you make money from stock exchange lately? In trading, you need to be very discipline, and have a lot of practice. Trading is like any other games, practice is very important.
We can easily identify a Harmonic ABCD Sell Chart pattern, but to be able to sell and make money. Not easy. See the chart below you will agree with me.
Price did not resist at the level; the common level.
Why Me?
You may ask, why when I trade the Harmonic pattern, the pattern did not work. This is life.
SATS Ltd Stock Scan
It is true that there is a Harmonic ABCD sell chart pattern. To reduce the risk to enter the sell trade, unless the price action has been resisted. To reduce the risk further, wait for price action completed a sell pattern. Otherwise, just be patient and wait.
Trading is all experience, you can learn the method but without the experience you can win now, the long run can be quite worrisome when your luck run out.
From the chart, you can see the price did not turn at 127%, and again the price did not reverse at 161.8% too. If you sell at 161.8 level,not to take risk, you may want to cut lost first and re-enter you have the sell confirmation. Of course you can do cut lost. No right No wrong.
June 5, 2015 SATS Ltd
What Happen This Week?
Wow, lucky we suggest you cut lost first before find an opportunity to sell. See chart below.
June 9, 2015 SATS Ltd
You can read about other Singapore Stocks weekly scan in this website.
Thanks for visiting the website.
Moses
DISCLAIMER
Site advice, “Stock trading is not a get rich quick scheme and it is high risk”.
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