I wanted to share my step-by-step approach to marking support and resistance on GBPUSD, the same way I do it when I’m preparing for the week. I’m diving into what makes a level significant, how I filter out noise, and why context matters more than just drawing lines.
Let me know if there are any similarities or differences with how you mark yours😃
0:00 - Key levels on monthly, weekly and daily timeframe
14:35 - Trendlines as support and resistance
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Disclaimer:
The content in this video is based on my personal analysis and opinion, and is for educational purposes only. It does not constitute financial advice. Forex trading carries significant risk, and it may not be suitable for all investors. You should carefully consider your financial situation and risk tolerance before engaging in any trades. Always do your own research and consult with a licensed financial advisor before making any trading decisions. Past performance is not indicative of future results.
#gbpusdtrading #supportandresistance #forexeducation