EURJPY SeaGreen & Green

Monthly supports and resistances.
Renewal period
Price
10 £

SeaGreen levels are monthly support and resistance levels set at the beginning of each calendar month. The price rarely reaches these levels, but when it does, it typically results in a long-term change of direction or consolidation at that level. This makes them ideal for investors and traders positioning their trades over a longer time frame.

Characteristics of SeaGreen Levels

SeaGreen levels are determined once a month and provide key reference points for long-term market analysis. They act as strong support and resistance levels, significantly influencing the direction of price movements throughout the month.

Green Levels as a Complement

Green levels complement SeaGreen levels by dividing the space between the lower and upper SeaGreen levels into four quarters. When the market does not exhibit very dynamic movements within a month, it often stops at Green levels, which serve as intermediate support and resistance zones.

Trading Models for SeaGreen Levels

SeaGreen as Support

SeaGreen levels that act as support are crucial for keeping the price above a certain level during the month. Traders can use these levels to open long positions (BUY) when the price approaches SeaGreen support, expecting a rebound and price increase.

SeaGreen as Resistance

SeaGreen levels acting as resistance are important points where the price may struggle to rise further. Traders can open short positions (SELL) when the price approaches SeaGreen resistance, expecting a rebound and price decline.

Consolidation at SeaGreen Level

When the price reaches the SeaGreen level, consolidation often occurs. The price oscillates around this level, creating opportunities for short-term trades with long-term benefits.

Additional Tips

SeaGreen and Green levels are set once a month, meaning traders should monitor these levels at the beginning of each month to adjust their trading strategies. The price rarely reaches these levels, but when it does, they provide excellent setups for trading, especially in combination with other DML levels.

Educational Page and Social Media

We invite you to follow our social media profiles (links available at the bottom of the page) where you will find the latest information. We regularly post updates on markets, DML levels, setups, and investment opportunities. To learn more about SeaGreen, Green, and other DML levels, visit our educational page: edu.deepmarketlevel.com.

Grants access to levels:

  • History EURJPY - Green 200 days
  • History EURJPY - Orchid3 100 days
  • History EURJPY - SeaGreen 200 days
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