Suntec Falling Three Methods?



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Suntecreit chart looks like it is reaffirming back to negativity.

A: MACD bearish signal crossover over initiated the down trend since beginning of November

B: Price action broke below 100dma(1.64)

C: A possible Falling Three Methods formation. FTM formation is a bearish candlestick pattern that is used to predict the continuation of the current downtrend.

Be cautious. To each his own. 

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