ChenJunda

ChenJunda

I notice that price is currently at a very key price region. This level of support will prove to be quite strong, However should this level breaks convincingly, I believe price will fall hard

ChenJunda

With the recent bullish breakout from the resistance at 6.8k. The bulls are slowing down. I believe price will find support at the 7070 level, before resuming its bull run to 9.1k.

ChenJunda Updated 

With what appear to be a break out, came a rejection, I believe this rejection means something. I am on the short side.

ChenJunda Updated 

I entered a short at the resistance, glad that it is paying off at the moment. In my opinion, there is still 100 over pips more to get out of this trade.

ChenJunda

With the nearest key resistance 100 pips away, given the bullish momentum of the run. We should be able squeeze a good 100 odd pips.