GBPUSD. Weekly trading levels 20 - 24.05.2024
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade.
If you expect any medium-term price movements, then most likely they will start from one of the zones.
Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post.
! Please note that brokers have a difference in quotes, take this into account when trading.
The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)
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I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade.
Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat.
Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern.
Don't forget to like Rocket and Subscribe!!! Feedback is very important to me!
If you expect any medium-term price movements, then most likely they will start from one of the zones.
Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post.
! Please note that brokers have a difference in quotes, take this into account when trading.
The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)
----------------------------------------------
I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade.
Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat.
Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern.
Don't forget to like Rocket and Subscribe!!! Feedback is very important to me!
Trade active:
While I was writing the post, they made a shot. Good reaction and movement on technique with confirmation of growth.
Trade active:
A terrible flat around the zone. The worst thing that can happen. It is better to abandon such a situation after a couple of Stops and wait for development.
Trade active:
Good denouement of the flat. Who kept purchases from the zone, well done!!!
Trade active:
regained almost all of the growth.
Trade active:
Trade active:
This flat is much more interesting than the first 2 days)
Trade active:
Trade active:
Broker Tickmill clck.ru/3AwJMF
Bybit www.bybit.com/invite?ref=DBXL5ZX
Ежедневные посты с зонами теперь в Телеграмм t.me/forex_hoby
Daily posts with zones are now in Telegram t.me/forex_hoby
Bybit www.bybit.com/invite?ref=DBXL5ZX
Ежедневные посты с зонами теперь в Телеграмм t.me/forex_hoby
Daily posts with zones are now in Telegram t.me/forex_hoby
