Exercise 4

[DAVID KING]

Hi folks, here are my support & resistance charts.

In the 15 min example, I have used the lowest low, it hasn’t been tested as the chart has not reapproached it, and it is a short candlestick so the resistance line sits above the body of the candlestick.

Cheers,

Dave.

 

 

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[Rich Fitton]

Hi David, looks like you’ve got the hang of that 🙂

Your AUDSGD resistance could maybe go a touch higher to sit under the body of the peak candle. There was a nice example of your AUDCAD support being respected by the market (screenshot attached).

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