This support area is look like the GBPJPY one, But the effect is different, I am very optimistic about it because of the price action is very different from GBPJPY one, Up,down,up~neat and move fast, So if you are a swing trader,you should keep in mind it,and it may give you a suprise. Let's expect.
Comments
Olu
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Hi Justin
Are you not missing a good short to the green support line?
mekonged
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@Olu, Hi, This trader is probably looking for a few hundred pips profit, price could go up beyond the line and continue. But if it goes down then the opportunity for a good long exists. Maybe its the way he gives conviction to his trade. Personally I hope to sell on the way down and around that bottom have a few buys. Good Luck
Olu
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@mekonged, I hear you Mekonged. Price went up today so an immediate sell today would have failed. BREXIT is wednesday...
justincun_huang
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@Olu, Hello Olu,I just want to long it when the price touch the zone.
Olu
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@Justin333, I hear you Justin. We have to do what we are surest about.
Are you not missing a good short to the green support line?