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0 reviewsI shall be discussing a set of rules that you can apply to get used to trading with support and resistance. It is great for beginners looking for some guidance when venturing into price action trading, very simple yet very efficient!
Technical analysts use support and resistance levels to identify price points on a chart where the probabilities favor a pause or reversal of a prevailing trend. Market psychology plays a major role as traders and investors remember the past and react to changing conditions to anticipate future market movement. Not only for Forex, and Crypto but also for Stock and Future markets.