Resistance will become future support and vice versa.
In order to have 2 or more safe consecutive trades on the same line there has to be a pullback of about the same size (or more) as the initial dip.
Trade smart & make some money!
In order to have 2 or more safe consecutive trades on the same line there has to be a pullback of about the same size (or more) as the initial dip.
Trade smart & make some money!
Comment:
How this works: Buy on or below the lines, sell on or above. Simple.
Comment:
2 Clear dips to the $7700-$8000 level which could have been traded for 5-10%
New chart:
New chart:
