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Majors' Key Support and Resistance Areas

Hello,
I've written an article about Majors' Key Support and Resistance Areas.
You can read the article here.
I hope you find it helpful for your trading! I'd love to read any feedback about it.
Happy trading :-)
geula4x
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GBP/USD Key Support And Resistance Areas

Hello Traders,
IMHO here are the key support and resistance areas on GBP/USD Daily. The areas marked in red represent key resistance, while the areas marked in green represent key support. Each key support or resistance area should be between 50 and 100 pips. We want each area to capture as much price action as possible, including previous price history (green and red arrows).
Please note that there is no Upside-Down-V-Shape at the top resistance area. However, as this is the highest price area
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geula4x avatar
geula4x 29 Dec.

@nagendra Thank you :-) Happy trading :-)

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futures 4 Jan.

Nice analysis

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geula4x 4 Jan.

@futures Thanks you and happy trading :-)

Convallium avatar

you are doing great job! thank you)

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geula4x 21 Mar.

@Convallium Thank you :-) Happy trading :-)

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GBP/USD Key Support And Resistance Areas

Hello Traders,
IMHO here are the key support and resistance areas on GBP/USD Daily. The areas marked in red represent key resistance, while the areas marked in green represent key support. Each key support or resistance area should be between 50 and 100 pips. We want each area to capture as much price action as possible, including previous price history (green and red arrows).
Please note that there is no Upside-Down-V-Shape at the top resistance area. However, as this is the highest price area
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EUR/USD Key Support And Resistance Areas

Hello Traders,
IMHO here are the key support and resistance areas on EUR/USD Daily. The areas marked in red represent key resistance, while the areas marked in green represent key support. Each key support or resistance area should be between 50 and 100 pips. We want each area to capture as much price action as possible, including previous price history:

We search for V-Shape formations to find strong demand / support areas. We search for Upside-Down-V-Shape formations to find strong supply / r
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Daytrader21 avatar

I'm pretty much watching the same levels on EUR/USD, worth keep in mind your charts+1

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geula4x 25 Dec.

@Daytrader21 Thank you for your feedback. Much appreciated :-) Happy trading :-)

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EUR/USD Daily: Key Support And Resistance Areas

Hello Traders,
IMHO here are the key support and resistance areas on EUR/USD Daily:


This analysis is based on the method "Finding Key Support And Resistance Areas", as explained in my article.
Happy trading :-)
geula4x
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Finding Key Support and Resistance Areas

Hello,
I've written an article about Finding Key Support and Resistance Areas:

You can read the article here.
I hope you find it helpful for your trading! I'd love to read any feedback about it.
Happy trading :-)
geula4x
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Finding A False Break Early


Here are the missing images for the "Finding A False Break Early" section:

►Finding A False Break Early

...Let's view another example of a false up-trend-line break. Here again price races back higher, immediately after the break. The Break Candle is marked with a red arrow. The Following Candle is marked with a black arrow:
Let's examine closely the Following Candle (pointed by a black arrow). It is a red candle as price continued to move lower. However, the low of this candle is higher than
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Haynes6EU avatar
Haynes6EU 20 Dec.

False Break Early but now EUR is in downtrend or not?

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geula4x 20 Dec.

Yes, following FED's decision to taper QE. Happy trading :-)

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False Trend Break


Here are the missing images for the "False Trend Break" section:

► False Trend Break

Sometimes, price breaks below an up-trend-line but then reverses to move much higher. It moves back to cross the trend-line and continues upwards, in the original trend direction. This is a false trend break. Here is an example on the EUR/USD Daily chart. Price breaks below the trend-line (red arrow). Then, price reverse completely to cross the trend-line and move much higher (black arrow):

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Regular Trend Break


Here are the missing images for the "Regular Trend Break" section:

► Regular Trend Break
Usually when an up-trend-line breaks down, price will continue much lower. Price moves immediately lower, or pullbacks first to test the trend-line and then moves much lower. Here is an example of an up-trend on the EUR/USD Daily chart. The up-trend-line holds price nicely at first. This is marked with green arrows. However, at a certain point price breaks below the trend-line (red arrow). Price then contin
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Missing images in my article

Hello,
I've noticed that some of the images in my published article "False Trend Break Strategy" have been missing. I'm quite sure that I previewed the article before publishing it and all the images were uploaded with it. Anyway, I will upload the missing file to my blog.
Happy trading! :-)
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