Screenshot from Yahoo Finance TimeFrame 1D WFC
R1-R2 = Resistances
S1 = Support
Graph analysis
I've made there also R2 line why? Because I want to show you where you all could go into the market. For that moment is there C1 (circle) because there was the puncture and you could make money on it. Now is the price in price channel between R1 - S1 lines.
Summary
Where you all could invest? You could all invest when price move through this price channel between R1-S1. But be aware of a fake puncture! If price move through the red line then you could go into short position and if price move through green line then you go into long position.
You don't know how to start trading?
If you look down below there is Advertise for one of best brokers IQoption where you can make a trade with bitcoin and also with forex and everything so why don't you try?
I'm Warning you !!
I'm not responsible for your money loses !! I'm here just for make estimates ! The trade depends on you You can just inspire from me !! But if you lose money I will not give you money back and no one will! Stocks exchange is very hazardous have that in mind ! I'm not guarantees accuracy of any content and hence using information on this website is solely your responsibility. The article is only for an informational character(nature) and should not be take(taken) as investment advice for the purchase or sale of stocks(shares) or other instruments. The reader agrees that the purchase or sale of stocks(shares) and other instruments based on the content of this article is at his own risk and liability.
Disclaimer
That all decisions the trader takes itself, and all indicated is not advice and a guarantee of profit
No comments