We may derive the following from the Weekly SBK chart:
1. Price is currently trading slightly above a major support level.
2. Price will either, imo, bounce off support to the upside, alternatively create a further impulse to the downside.
3. Wait for an opportunity to present itself, either long or short. And as always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price is currently trading slightly above a major support level.
2. Price will either, imo, bounce off support to the upside, alternatively create a further impulse to the downside.
3. Wait for an opportunity to present itself, either long or short. And as always - maintain your risk.
Note: The views provided herein do not constitute financial advice.