Short Term Trading Week Starting: 22 Jan, page-302

Hi Freehold,

Sometimes I like to flip a chart upside down and see if the mirror of the chart gives me the opposite sensations:



Personally, I would be looking for a retest of the last support/resistance area (2 greens and a red arrow, bottom right) before shorting the mirror-image-chart.

The opposite being true of the actual chart, I would probably be happy to watch the price action play out rather than going long based on the chart.

In principle, I prefer to buy at support and sell at resistance.