You can see 2 very key support and resistance levels drawn on the chart and price is nearly at our resistance level, we can only see downwards movement at market open after a very strong bullish rally on Friday just before market close price looks over bought so we are expecting bearish movement.
Its like if you go to the pub on a Friday night and you " over buy " pints of beer there is only going to be 1 outcome... you will " fall down " and wake up like a BEAR with a sour head.
Keep charts and thoughts simple and you will make progress, try and over complicate things in trading and you will fail.
Keeping things simple shouldn't be a problem for half the population... just watch a few episodes of reality TV that will kill you a few brain cells ;p
If you need any help just message us, and that means help with trading.. or help drinking all them over bought pints down the pub.
Its like if you go to the pub on a Friday night and you " over buy " pints of beer there is only going to be 1 outcome... you will " fall down " and wake up like a BEAR with a sour head.
Keep charts and thoughts simple and you will make progress, try and over complicate things in trading and you will fail.
Keeping things simple shouldn't be a problem for half the population... just watch a few episodes of reality TV that will kill you a few brain cells ;p
If you need any help just message us, and that means help with trading.. or help drinking all them over bought pints down the pub.