Support and Resistance
The support and resistance (S&R) are specific price points on a chart expected to attract the maximum amount of either buying or selling.
S
upport
An area or “zone” on the chart with potential buying pressure to push the price higher.
Support Example
Resistance
:
An area or “zone” on the chart with potential selling pressure to push the price lower.
Example
How to Draw Support and Resistance Lines on a Candlestick Chart?
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How to trade with support and resistance?
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