Market Reversal Levels, Week of Sept 11 2017

0
30

How To USE ?!!!

1- Those are strong support and resistance levels in the short /medium term, the market usually respects these levels strongly.

2- If the market rallies into resistance levels, a sell-off is expected.

3- If the market sells off into support levels, a rally up is expected.

4- Some levels are valid for several weeks.(It depends on market moves).

5-I highly recommend using divergences techniques, to find possible turning points during the week!

6-In bullish market: Support level should bring strong rebound…

7-In bearish market: Resistance level should bring fall resumption…

8-In sideways market: We should witness strong support and resistance levels…

PairsS3S2S1R1R2R3Trend
EURUSD1.16701.17731.19131.21651.23501.2565Up
GBPUSD1.27151.29081.31151.32451.34821.3658Up
USDJPY104.28106.02107.35109.25110.82112.18Down
USDCHF0.90700.92000.93250.955080.96620.9807Down
AUDUSD0.76740.78200.79400.81230.82330.8375Up
USDCAD1.17301.19351.20601.23351.24151.2690Down
NZDUSD0.68800.70570.71450.72270.73300.7454Neutral
XAUUSD129112991325136513751392Up
WTI Oil43.7545.4047.6250.4452.0453.05Neutral
[rrj_bar_chart title=”Trend Strength (Volatility)” labels=”EURUSD;GBPUSD;USDJPY;USDCHF;AUDUSD;USDCAD;NZDUSD;XAUUSD;WTI Oil” datasets=”%5B%7B%22title%22%3A%22Trend%20Strength%22%2C%22tooltips_format%22%3A%22%7Bd%7D%3A%20%7By%7D%22%2C%22values%22%3A%2235%3B%2035%3B%2030%3B%2029%3B%2028%3B%2039%3B%2031%3B%2055%3B%2028%3B%22%2C%22color%22%3A%22%230085ba%22%2C%22bar_bg%22%3A%22transparent%22%7D%5D”]

LEAVE A REPLY

Please enter your comment!
Please enter your name here