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Mahtab_Tradia
Oct 4, 2021 10:46 AM

Major Pairs Key Levels 

U.S. Dollar/Canadian DollarFXCM

Description

Hi everyone,
Hope you have enjoyed the weekend.

Every week, I mark key levels for each currency pair to see how price reacts to them.

As you see on the charts, I have marked the last Week's and Last Month’s Highs and Lows for the 6 major pairs (actually they are 7 but there was no room for NZADUSD, but you can do that one by yourself as a practice)

Why are these levels important to us?
Because they are kind of support and resistance levels and when price approaches to them, any breakout or rejection on these levels is very important:
(Lows act like support and Highs act like resistance).

So, take a note for yourself and apply them on your chart to have an efficient setup for key levels.
Mn : Monthly (Red Lines) , W: Weekly (Yellow Lines)
Comments
KlejdiCuni
Good job!
InkyGrip
Yes good idea! 🦐
CobraVanguard
Good job 👍
P_S_trade
Thanks for sharing
ForexTrendline
good job here, keep it up!
UnknownUnicorn11430563
Your ideas are so always lovely. I never say it enough to you! ❤
Investroy
Great one
cordycep
I suggest wayne pivot...
financialflagship
Clean chart and detailed analysis. Thanks for sharing your insights. 🙌
financialflagship
Great call, keep them coming. 🚀🚀
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