ellcz

EUR/USD Resistance / support lines

FX:EURUSD   Euro Fx/U.S. Dollar
160 1 2
Hi again, here you have new res/sup lines so you can trade them. As before, use them please on 1 minute or tick charts. On 1H or more you CAN'T see little breakouts and micro trend which we need to see here.

1. Don't trade them blindly
2. Always go with trend
3. Wait for price to touch them or break them and then trade when retracement happens.

Main idea is to trade on them more often BUT to use stoploss like 5 pips. (Max 10 pips... Don't use shit like 1:1RRR) Lines are in good distance so you will always get more pips if you win.

If you have any request, tell me. But remember: It will take me some time until I make one chart. ;)
Wealth-Hunter
a year ago
Looks sweet! - Did you put in S/R lines on a 5 minute chart?
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