This support resistance is very significant; price fails GBPUSD met a very important price level. This level at 1.71 is a very long term support resistance level that goes back at least two decades. It is very similar to a situation that USDJPY found itself
There is no way to make money trading market gaps consistently unless you know information ahead of market. But there are trails to pick up.
When trading, is it better to draw support resistance zones or will specific levels be sufficient? 4 tips to trade support resistance zones.
Retracement is an important pillar of price action The key to buy low sell high or sell high buy low is all about identifying retracement moves and entering at a good retracement level. It is such an important concept and is a key pillar of
Renminbi investment cannot be timed with technical analysis. Price action points to a controlled currency driven by fundamentals or policy.