So to double check if i am correct. You use Weekly and Daily to draw major support and resistance lines. If recently price has been rejected on that level and is starting to produce higher high or lower lows which indicates changes in trend you ...

Pharley Simple system - Get your levels right for trading S/R

Hi Pharley, I have a question regarding this. How do you identify trend? How do you know that a pair is trending? Do you look at higher time frame and only take positions based on higher time frame context?

Pharley Simple system - Get your levels right for trading S/R