Last post: June 3rd. See chart .
Review: Price was approaching the resistance level.
Update: Since the last post, price broke above the resistance level but has failed to stay there and has now fallen back below that level. The breakout was a fake breakout.
Conclusion: We need price to break the resistance level again and stay above it before looking for...
Last post: Feb 28th. See chart .
Review: Price had broken a resistance level with a strong move to the upside.
Update: Price continued to trend higher but is now in a period of consolidation.
Conclusion: We will be waiting for a breakout of the resistance of the consolidation zone before considering a trade.
Any comments or questions, do not hesitate to...
