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 

From the two points you listed where you talked about keeping the bases at the bottom of big bounces.I'm a bit confused what kind of bounces you were referring.Is it the upward trend (which is an indication of people buying ) or a downward trend ( when people are selling).Also what kind of surprise were you talking about.I'm really following your training sessions.I would appreciate a clarification on this.Thanks

trading
7 years ago by

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