Sunday, January 27, 2008
NRCP weeky - hammer
NRCP weekly formed a black candle with lower high and lower low.
NRCP weekly seems to have formed a bullish hammer. This reversal pattern would be confirmed by NRCP if it manages to form higher lows in the succeeding weeks.
Note: June 2007, NRCP weekly respected the bullish hammer formed and NRCP weekly was able to achieve a new all time high following the said reversal pattern.
I hope NRCP weekly again respects the bullish hammer reversal :)
Good luck to all NRCP traders!
1/27/2008 08:47:00 PM
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