GbpUsd-Thursday, February 13 | Support & Resistance with HeatMap

Goodmorning!

Here are the S/R Levels I keep an eye on for Thursday, February 13. These are Price Points where you at least can expect some pause and possibly a Reversal. You can use these levels to frame a Setup or to exit an Open Position. The darker the area, the more likely Price has a difficulty to break through.

My goal is to help you identify logical Entry/Exit Points or use them as Conformation in your own Trading Plan.

Let me now in the comment section below your view on GbpUsd and what you think about my Analysis.

Hope you appreciate my content 👍

Happy Hunting, Stay Safe!

Warm Regards,
Mariinus

Comment:

Yesterdays Price Action:

A choppy day which could have led to losses. The morning started nice and clear but from New York Open it became unpredictable. Wise lesson: don't get to greedy

Comment:

Lets see what today brings us.

Happy Hunting, Stay Safe!

Warm Regards,
Mariinus

Comment:

Cool.. Nice to see that last drop down. Exactly on the level on the pipette :)

Comment:

I would like to add another pair to the mix next to EurUsd and GbpUsd, but I also notice it takes some time to prepare these Ideas.

So I have a question: next to these 2 pairs which other pair would you like to be added?

It can be one of the majors like UsdCad or UsdJpy. I'm also looking at other asset classes, so if you like to trade Gold or Oil... let me know in the comments!

About GbpUsd now: watch out of chasing Price now!

Happy Hunting, Stay Safe!

Warm Regards,
Mariinus