You can see marked on the chart with arrows is where price has previously entered my support and resistance zone and bounced therefore making this a very strong area of interest! Already this month price has entered this area and bears have pushed price down 200+ pips, the touch of this zone also happened to come at the 3rd touch of our monthly trendline which if you trade this way is a VERY strong setup.
I do trade the 3rd trendline touch lined up with support and resistance occasionally and usually just on the higher timeframes as these are strong setups.
What i am expecting here is price to continue pushing down to around 1.15000 which is around 200 pips away from current price.
If you need any help trading then just send me a message and i will be happy to help :)
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.