Lesson #5 - Khaki - Resistance
Khaki levels are among the closest resistance levels relative to the current price, making them frequently reached and breached. These levels are characterized by a high repeatability of returns to the levels after being breached. They are particularly useful during the Asian session and the beginning of the European session. When left unresolved for a longer period, they become crucial points of reference for future market movements, initiating new swings, corrections, or waves upon resolution. This level is published in 5-minute cycles. The level acts as resistance in areas where it appears as a "solid line," but historical data shows that its optimal effectiveness is until 11:00 AM GMT.
Characteristics of Khaki
Khaki levels, as part of the DML levels for the EURCAD currency pair, are very close to the current price and are frequently breached. However, their unique feature is the high repeatability of returns to these levels after being breached. When left unresolved for a longer period, they become key market levels around which new market movements such as swings, corrections, or waves can form. These levels often align with significant Fibonacci retracements, indicating their potential for measuring price movement ranges.
Models for Trading Khaki
There are two main strategies for utilizing Khaki levels in trading:
Reaction to the Level: This strategy involves observing the price as it approaches the Khaki level and reacting to its rebound. Traders expect the price to bounce off the Khaki level, creating an opportunity to enter a trade in the direction of the rebound. This strategy is particularly effective in short-term time frames where precise price reactions are crucial.
Return to the Level after Breach: In cases where the price crosses the Khaki level, this strategy assumes that the price will return to this level with high probability. This strategy is useful in long-term analyses where predicting the return to key resistance levels can significantly improve risk and capital management.
Additional Tips
Khaki levels also provide valuable insights in the context of trend analysis. They are particularly useful during the Asian session and the early part of the European session. If Khaki levels remain unresolved for a longer period, they become important market levels from which new price movements such as swings, corrections, or waves often begin. Furthermore, these levels often coincide with Fibonacci retracements, indicating their potential for measuring price movement ranges.
Summary
Khaki levels, as an integral part of models related to DML levels for the EURCAD currency pair, offer unique opportunities for identifying key points of resistance and managing risk. Their use in trading practice, both in short-term and long-term strategies, can significantly enhance investment efficiency, providing precise tools for analyzing and predicting market movements.
Examples of Price Reaction to Khaki Levels on EURCAD
Introduce your idea
If you want to test Khaki levels for EURCAD, we have prepared a unique offer for you.
For only 2 GBP per month, you will have access to Khaki levels. If you purchase these levels in advance for 6 months, the price drops to 1 GBP per month of use. Is it worth it? Find out for yourself.
Not sure? Check how the Khaki level builds an advantage together with other levels from the "Flow Zone" group.
Advanced sets of DML levels for the EURCAD currency pair
Khaki
A package dedicated to beginners with no experience with DML levels.
10 GBP
50 days Khaki levels
Free Tools for Downloading and Visualizing DML Levels
EURCAD Edu
A complete package dedicated to those who have completed the educational process.
20 GBP
10 days Plum levels
10 days MediumOrchid levels
10 days Coral levels
10 days Khaki levels
10 days Sienna levels
10 days DeepSkyBlue levels
10 days DodgerBlue levels
10 days SpringGreen levels
10 days DarkOrange levels
20 days Violet levels
20 days Aqua levels
20 days Olive levels
40 days Red levels
40 days Magenta levels
80 days Green levels
80 days SeaGreen levels
Free Tools for Downloading and Visualizing DML Levels
EURCAD Tra
A complete package of DML levels dedicated to active traders.
60 GBP
50 days Plum levels
50 days MediumOrchid levels
50 days Coral levels
50 days Khaki levels
50 days Sienna levels
50 days DeepSkyBlue levels
50 days DodgerBlue levels
50 days SpringGreen levels
50 days DarkOrange levels
60 days Violet levels
60 days Aqua levels
60 days Olive levels
120 days Red levels
120 days Magenta levels
200 days Green levels
200 days SeaGreen levels
Free Tools for Downloading and Visualizing DML Levels
Note: The content of the data packages offered on DeepMarketLevel.com may be greater than what is published on this page. Check the current available offer and always stay one step ahead of other market participants.
Want more knowledge?
Coral
Coral levels are a key component within the context of the so-called FlowZone – areas of changing liquidity that play a significant role in the flow of large capitals in the forex market. These levels act as resistances and are closer to the current price than Plum and MediumOrchid levels. Price interactions with Coral levels are more frequent, and these levels are often breached. When the price breaches the Coral level, it typically returns to it, though this may take several hours to several days.
Sienna
Sienna levels are a support level located close to the current price. This level is situated at a similar distance from the price as the Khaki level, which is a resistance.
Sienna levels play a crucial role in maintaining the price above this level, providing solid support in short-term time frames. This level is published in 5-minute cycles. The level acts as support in areas where it appears as a "solid line," but historical data shows that its optimal effectiveness is until 11:00 AM GMT.