RE: What does Support and Resistance really tell you?

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What does Support and Resistance really tell you?

in trading •  7 years ago 

Thanks for the reply ;) In this case what would be the minimum profit potential for we to enter in a trade 10%? with at least a 10% bounce reaction forming the previous base?

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yeah, 10% sounds pretty good for a minimum.. sometimes less trades make more money, by waiting for a good trade and not getting involved in low quality setups