Monday, June 21, 2021

UOB - The Resistance Strong Hold

UOB resistance of 26.50 and support of 25.50 remain strong.

27 May 21 - Sign of Weakness

28 May 21 - Down Setups

10 Jun 21 - No Supply Test

15 Jun 21 - Sign of Weakness

Market sentiments are weak due to inflation fear.


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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