Check out this week's Trading Support and Resistance- trading forextrading
the price rejected this level near the end of Monday’s London session withmarked by the down arrow in the price chart below signaling the timing of this bearish rejection.
based upon the size of the entry candlestick before it was stopped out., as it had acted previously as both support and resistance. Note how these “role reversal” levels can work well. The H1 price chart below shows howa large inside barThis trade wasbased upon the size of the entry candlestick structure.
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