► IntroductionIn the last article, "Simple And Profitable Method For Trading Breakouts", we talked about finding a Barrier that price has tested and watching it for Breakout. In this article we will discuss a more general topic: how to find key price levels. These levels sometimes get tested several times, until they finally breakout too.Key price levels are one of the most important technical analysis tools. Finding these levels is very important for us traders. Such levels usually attract price to them. These levels often act as support and resistance. Trends may start, end or reverse there. Also, key price levels are usually good entry, take profit and exit points for trade positions.In this article we will discuss how to find key price levels. We will use a simple, straight forward approach for achieving this goal. We will analyze the Daily, 4 Hour and 1 Hour time frames. However, you can use the same technique for any time frame you trade. Some recent charts of EUR/USD are also included, for a better understanding of this method and how easily it can be applied.By the way, this is a very technical method. I think that it can easily be automated. If any JForex (or the newer Vis…
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