Reply To: Support & Resistance Lines
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June 1, 2015 at 7:02 pm #942
Here is my own go at support and resistance.
I have used the GBPUSD chart. I have chosen my area of support as it was an area of resistance in the not to distant past. It also seems that it will get tested in the next day or two.
For resistance I have gone for the EURGBP chart. I know it has been tested but I couldn’t find another one! Also there seems to be an area of support around the 27 of last month.
As for looking on the 15 min chart. I am unsure what you are asking. Are you asking if there has been a test on the daily S&R on the 15 min chart?