So I was very much spot on for my last prediction and it makes me quiet happy.
Now just like I said in the last prediction, I doubt its abilities to make a strong break out, although it could.
At this price position, the trend could continue after hitting 1.144 or even 1.147 but it could also hit an resistance and quickly falls back down.
The point is, one can never be 100% sure the movement of the stock. So,Do not trade.
What we need to remember is we are trend traders, we do not predict trend but we follow the trend.
Only trade when you spot a safe reliable trend that makes you confident enough to profit on.
As the moment we are speaking, it's not the top of the mountain but we must be careful because I think there isn’t much to profit on.
So I suggest you to hold your horses, Do Not Long or Short at this position. First we must learn to survive in the market, protect our capital, protect our gains and prevent any unnecessary losses, and then at last we strike hard and gain profit when time is best.
If you agree with me and like my ideas please follow me and suB me!
thank you for your reading and have a wonderful rest your day!
Now just like I said in the last prediction, I doubt its abilities to make a strong break out, although it could.
At this price position, the trend could continue after hitting 1.144 or even 1.147 but it could also hit an resistance and quickly falls back down.
The point is, one can never be 100% sure the movement of the stock. So,Do not trade.
What we need to remember is we are trend traders, we do not predict trend but we follow the trend.
Only trade when you spot a safe reliable trend that makes you confident enough to profit on.
As the moment we are speaking, it's not the top of the mountain but we must be careful because I think there isn’t much to profit on.
So I suggest you to hold your horses, Do Not Long or Short at this position. First we must learn to survive in the market, protect our capital, protect our gains and prevent any unnecessary losses, and then at last we strike hard and gain profit when time is best.
If you agree with me and like my ideas please follow me and suB me!
thank you for your reading and have a wonderful rest your day!