by Something Else | Sep 8, 2021 | Forex Trading
The price level is usually depicted in a range and not at a single price point. It is actually a zone or an area that acts as support or resistance. In the above chart, all the 4 price action zones are around the same price points, i.e. at 429. Clearly, the horizontal...
by Something Else | Sep 6, 2021 | Forex Trading
In other words, selling pressure has eased and buying pressure has increased. Any continued bearish (selling) positions would have trouble penetrating this level, potentially leading to a reversal towards higher prices or a period of sideways movement. Dynamic support...
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