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Apex_Gregg
Feb 14, 2019 7:44 AM

People confuse themselves...  

U.S. Dollar/Japanese YenFXCM

Description

PURPLE ARROWS - resistance
ORANGE ARROWS - support

As you can see price has been used for support and resistance on both timeframes on a regular basis, Now price is almost at this level so we will be looking for a BREAK or BOUNCE of this important level... if price BREAKS and closes above this level we will BUY, if price BOUNCES and closes below this level we will SELL.... got that? really not hard is it?

People confuse themselves.... once you master your own mind you will master trading!!!
Comments
Managed_CapitalUK
Thanks found this useful
Apex_Gregg
@Managed_CapitalUK, Very welcome, glad we can help 👌
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