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Support & Resistance.
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Member Since Jul 31, 2019  13 posts jakes90 Sep 07 at 06:51
AniLorak posted:
jakes90 posted:
Support and resistance are the most important parts of technical analysis. Support can be thought as the floor price after which the prices bounce back and start rising and resistance is like a ceiling price, touching which the prices start to fall again to reach the next support level. These two together can help a trader make a winning strategy and secure high returns. There are various methods by which you can choose a price to be a resistance or support level.

True; support & resistant tool is the most important tool! I basically mark the market trend based on the Support/Resistant levels! In this case, D1 is my 1st choice!

That’s a nice choice. Happy trading!

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