SWIFT, near support?>> Price at bottom of Parallel Channel, possible rebound? Once broken the channel will look uglier.
>> 0.595 the nearest resistance.
>> OS counter, some traders like to trade bottom. On the contradict, I trade another way.
If you ask a trader - the question I will ask is this, assuming I do not have positions yet, and at this price point, will I buy in?
If the answer is no, I will sell.... But that's a trader... Maybe you should also ask yourself, how much do you and other like or patronize their business?
Disclaimer :
Please be informed that all stocks pick are solely for education and discussion purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.