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KEY RESISTANCE LEVEL/ TREND LINE RESISTANCE
The price region of @152 is a key resistance level that can not be overlooked. Price has retraced to that point and now
is rejected. This is a good R:R setup.
Also, there appears to be a fake-out (marked with a square). There need for patience, to see it retested properly and then
form a rejection that is good for a sell setup.
Always remember that nothing is fixed. So, stay very safe and observe all your trading plan and strategy strictly. Thank you!
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.
KEY RESISTANCE LEVEL/ TREND LINE RESISTANCE
The price region of @152 is a key resistance level that can not be overlooked. Price has retraced to that point and now
is rejected. This is a good R:R setup.
Also, there appears to be a fake-out (marked with a square). There need for patience, to see it retested properly and then
form a rejection that is good for a sell setup.
Always remember that nothing is fixed. So, stay very safe and observe all your trading plan and strategy strictly. Thank you!
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.