DislikedThanks shiko. I never said you were wrong, my friend. I simply said I didn't see it and asked you to show me if you cared to.
I guess I'm not just seeing the same exact area as you are, but S & R tends to be a range rather than an exact number anyway. I marked what I considered significant S & R on the weekly and daily charts, and for me it was more in the 150.90 area. I didn't see it at 149.80, but maybe I missed something. It wouldn't be the first time.Ignored
Yen, check No Brainers thread. BRW is great at detecting and using these areas., You will learn a lot as I did.
It is just that it is not exactly my style but it is very useful for trading any system.