27 May 2021 - No Supply Test
A simple test. The prices have been marked down at the opening, the volume has been low and on that volume the market has closed on the highs.
Resistance @ 3.44
Support @ 3.08
Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.
Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.
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