SECB weekly - hammer

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SECB = 70

SECB weekly formed a white candle with lower low and lower high.

SECB weekly seems to have formed a bullish hammer. The reversal candlestick pattern would be confirmed if SECB weekly manages to form higher lows in the succeeding trading weeks. I hope it does :)

Note: March and June 2007, SECB respected the formation of the bullish hammer and reversed the prior trend. I hope SECB again respects the formation of the bullish hammer.

SECB weekly seems to have formed support level at 68. I hope it continues to respect that support level.
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