Market Reversal Levels ,Week of 23 Dec 2013

8
706
Reversal -65987

1- Those levels are strong support and resistance levels on short term , the market usually respects those 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-I highly recommend using divergences techniques, to find possible turning point during the week!

5- The recommended time frame , the 1 hour and below.

6- In trending market, to find additional levels , for example,If we wanna find R4 for EURUSD pair , we take the difference between R2 & R3 , then we add it to R3 , the result would be R4 ….and so on……..

 

Market_Reversal_22_Dec

MARKET DATA

UPCOMING ECONOMIC EVENTS

8 COMMENTS

  1. Howdy would yοu mind stating which blog ρlаtform
    yοu’re using? I’m plаnning to staгt my οwn blog in the near
    future but I’m having a tough time making a decision between
    BlogEngine/Wordpresѕ/B2evоlution and Drupal.

    The reason I ask is because your ԁesign seems diffeгent then most blogs and I’m looking for something completely unique.
    P.S My apoloogies forr getting off-topic but I had to ask!

    • Hi Laura
      No problem…I’m using wordpress….
      It’s up to you…but I guess wordpress is more flexible than B2evоlution and Drupal…
      have a nice day……

  2. Great issues altogether, you just gained a new reader. What could you suggest in regards to your post that you simply made a few days in the past? Any sure?

  3. Hi thеre, I found уour blog via Google even as looking for a cоmparable topic, your website came
    up, it seems great. І have boоkmarked it in my gоogle bookmarks.

    Hello there, simply become aware of your blog via Google, and found that it’s гeally informative.

    I’m gonna be careful for brussels. I’ll appгeciate if you happen to proceed this in future.
    Many folks will probably be benefited from your
    writing. Cheers!

  4. You havе made some good points there. I lookeԁ on the internet for more info abоut the issue and found most people will go along with your viеws on this site.

  5. When someone writes an post he/she retains the plan of a user in his/her mind that how a user can know it. Thus that’s why this article is amazing. Thanks!

Comments are closed.