This is my Idea. Neutral right now, but if it breaks down and closes then it is a PERFECT short setup
Same thing if it closes above the yellow zone, which is very strong resistance.
This is not financial advice. Take your own risk, make your own analysis.
Same thing if it closes above the yellow zone, which is very strong resistance.
This is not financial advice. Take your own risk, make your own analysis.
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That was crazy. I knew if it didnt hold above the yellow resistance zone, that it wasn't going to continue through so from this analysis and your own work you couldve made nice money on this by SIMPLY noticing support and resistance zones and purely trading on that. I use RSI and 50 ma but never use them ALONE to trigger a trade.