Zone
WTI: Back in the buy-zoneWTI Spot: USOIL Finally WTI has come back to test the old support shown on chart - it should rally from here - but with a fairly tight stop because if it breaks below today's low by more than 5 pips it will necessitate reversing postion for quick fall to 48.01. It's a good either way bet for the cold calculating trader..."Good traders close positions when wrong. Great traders reverse positions when wrong " Schrader
Facebook update: Back in the buy zone for long term holdFacebook: If you're not already long of Fb because you thought you maybe missed that boat, you're wrong. This has so much further to go but only about $1 downside from here. Last change to get long or pyramid winning positions from current levels.
We can use different strength for support and resistance levels.We can use different strength for support and resistance levels.
Such as Support level from lower strength and Resistance level from higher strength.
Where or when were the current supply & demand zones formed? You may track back to 10 months ago