If you can find a good support and resistance level or zone it will keep your bank account fed well for years.
As you can see the 1st purple arrow marks where price 1st tested this zone as resistance in 1995 when Coolio was at number 1 with "Gangstas Paradise" ( sorry if I've just made you feel old ) :p Then the price passed through this zone for the next few...
We can see a really strong resistance level that's been respected on the 3 charts, 4H, 1D, 1W but price has also been respecting a lovely trend line ( TL ) in an uptrend, Now most retail traders would probably go short because of this resistance but if you look closer all things point to a buy and if we do manage to break such strong resistance we could see a...
PURPLE ARROWS - RESISTANCE
1.81008 Is a key level we have used a number of times before if you look back at old charts, you can see where price has been used from our arrows.
Price has recently bounced off this level, now we might get a retest of this level but the general movement is to the downside.
You can also see on the 1D and 1W...
Purple arrows = resistance
Orange arrows = support
support/resistance level 1.28889
4H CHART - We can see resistance has been used and respected many times and price is currently at resistance level, So most traders would SELL rite?
1D CHART - Price is also at resistance level after respecting it on numerous times, so another SELL rite?
1W CHART - Price is...