Just a very quick chart I rounded up this morning.
I’ve marked out the 200MA as we keep coming close to it but then running out of steam the closer we get....
Last month we hit the solid R4 mark and bounced off it relatively hard.
I’ve just closed one of my positions, to get back in on an order along S1 at 9100 - taking into account the spread that I have to pay on eToro and the fact that it doesnt always break or hit the level of resistance.
I’ve marked out the 200MA as we keep coming close to it but then running out of steam the closer we get....
Last month we hit the solid R4 mark and bounced off it relatively hard.
I’ve just closed one of my positions, to get back in on an order along S1 at 9100 - taking into account the spread that I have to pay on eToro and the fact that it doesnt always break or hit the level of resistance.