Four reasons not to buy in this situation...
My analysis complements the previous analysis. Be sure to read the previous ones as well.
Dear ones, as you can see in the chart, the price is moving in a very narrow channel between two important areas of resistance and support; a move that no, I'd better say it's crawling!
See the previous chart, in this part of the time (between April 27 and May 2) I now prefer not to do anything on this chart.
The price on April 27 has created a ceiling that is still valid, again we did not make any trades in the market here for the following reasons:
Pricing between the two important resistance and support ranges
Pricing is between two times when the area is closed to us
low volume of transactions now
.Very high risk of transactions due to the need for high stop
Dear ones, as you can see in the chart, the price is moving in a very narrow channel between two important areas of resistance and support; a move that no, I'd better say it's crawling!
See the previous chart, in this part of the time (between April 27 and May 2) I now prefer not to do anything on this chart.
The price on April 27 has created a ceiling that is still valid, again we did not make any trades in the market here for the following reasons:
Pricing between the two important resistance and support ranges
Pricing is between two times when the area is closed to us
low volume of transactions now
.Very high risk of transactions due to the need for high stop
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