Last post: May 25th. See chart.
Review: Price was performing a deep pullback after finding resistance at the £10.00 round number.
Update: Price found support at the 50 simple moving average and is showing signs of strength again.
Conclusion: We need a break of the £10.00 round number and the previous all-time high before looking for long trades.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Review: Price was performing a deep pullback after finding resistance at the £10.00 round number.
Update: Price found support at the 50 simple moving average and is showing signs of strength again.
Conclusion: We need a break of the £10.00 round number and the previous all-time high before looking for long trades.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading