JPN225 Finding Resistance from Previous Support Levels?
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Here is a horse that may prove a good ride down South, if it agrees to make the journey. If the marked levels of previous support hold as resistance to the current retracement, then the marked trade may well be a good trade. Note also the Bearish Evening Start, the Hanging Man and the Bearish Doji all grouped up together on that Fib 23.6 level. They may have a bearish story to tell.
Here is a horse that may prove a good ride down South, if it agrees to make the journey. If the marked levels of previous support hold as resistance to the current retracement, then the marked trade may well be a good trade. Note also the Bearish Evening Start, the Hanging Man and the Bearish Doji all grouped up together on that Fib 23.6 level. They may have a bearish story to tell.
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