I-BHD

May 22, 2020

This is like a textbook case, the market pretty much moves in a very uniform manner.

With this support(blue line) and resistance(red line) lines it is almost certain that when market break and close above 1, it will move to the next.

Pretty much a heaven for traders, but you have to calculate and consider if the commission you need to pay, worth the effort.

May 22, 2020

Note

It looks so uniform, is as good as a no brainer for a trader to trade. The question is that will it worth doing that after deducting fees for a 3cent move per trade.