Disliked{quote} Thanks for reply My plan is to trade on 15M charts but as today's market is quiet I had a look at 1H just for practice (not for trading) and to test if my studying manual and this thread over weekend has any positive outcome. EU at the point of my print screen started to reverse - would you call it a TOUCH or BOUNCE and for USDCHF price touched RN (which proved to hold quite well as S/R - look left on chart) wouldn't that count as a confluence Just a few more questions to understand it betterIgnored
I donīt watch any other pairs than mine .. no other timeframe .. and so on !
Cannot see any marked round numer, you donīt use the round numbers beige.. so I canīt see..,
but yes .. you can always count it as a confluence , if : there are more than one " line" .. also in another timeframe another Ma.
..... good observing.
Risiko birgt immer auch die Chance.