Support And Resistance

All charts are essentially formed by a series of support and resistance levels creating a ‘staircase’ within a trend. Charts don’t go up or down in straight lines after all!

The successful identification of the key support and/or resistance levels is therefore one of the corner stones skills of good trading, as the existence of these levels forms the basis of many powerful trading strategies.

 

Trading with the trend

One thought on Support And Resistance

  1. Thanks for your help and information, for those of us who are fairly new we appreciate your help and down to earth practical understanding info thanks so much ,, this is handy for andy

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