Support and Resistance
Learn chart structures, trends, support and resistance, candlesticks and technical indicators.
Support and Resistance
Support and resistance describe areas where price previously reacted. Use zones rather than assuming exact lines guarantee a reversal. Breaks, retests and failed reactions require context and a defined invalidation rule.
Example
A price reacting around 1.1000 several times identifies an area to study, not a promise it will hold again.
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