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AleSaira

50% retracement

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
AleSaira  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Harmonic Patterns support resistence Fibonacci Retracement demandandsupplyzones
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trendanalysis chartpattern harmonicpatterns support resistence fibonacciretracement demandandsupplyzones
50% retracement is one of the most important support and resistance.
By creating the 50% zones it is possible to notice how at each timeframe the bars touch the support or resistance ones. The greater the time frames on which the lines are drawn, the greater the impact in terms of importance on the lower time frames.
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