Reply To: Building positions and letting them run
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June 23, 2015 at 10:48 pm
#1319
Rich Fitton
Keymaster
Hi Lewis,
It’d certainly be one to watch. I’ve put a box around the bit of price action I see as a potential resistance zone. You’ll see 3 ‘peak’ candlesticks all closely marking a similar resistance level (toward the top of this zone) and your 1.59952 level marks the bottom of the area nicely. You could well get a decent run to the upside from this current dip and there’s not much standing in the way before that area.