Support and Resistance Ping Pong and Channelling

What can we expect? A predictable bounce on major trend line, 0.786 and top of support zone? A fake out below major trend line and retest of support zone?

Ping the the higher low E on the chart.

Transaction en cours:

Grey Areas are Support and Resistance Zones based on Weekly Candles: e.g. Close to High and Close to Low

Commentaire:

Hmm???

Commentaire:

Trade fermée: cible de profit atteinte