We may derive the following from the Daily SBK chart:
1. Price is currently approaching a key support level.
2. Whilst a bid may occur, it is important to remain aware of current market conditions - in which the support may not hold.
3. A bounce off the support may indicate a buy.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price is currently approaching a key support level.
2. Whilst a bid may occur, it is important to remain aware of current market conditions - in which the support may not hold.
3. A bounce off the support may indicate a buy.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.