This level is strikingly evident. At all timeframes, it is well-pronounced and seems to possess magnetic powers.
And it also seems that it will magnetically summon the price for a long time. By using this regularity, every trader can build their own system: some will work from bounces, some - taking price reversal into account, and others may come up with a combination of the two.
So, there is plenty of room for creativity guaranteed to everyone!
This content is for informational purposes only and is not intended to be investing advice.