Support and Resistance Trading Strategy

IFC Markets TV
Ahura Chalki
Author:
Ahura Chalki
Published on: 10.06.2021 12:00 (UTC)
Post reading time: 0.34 min
173

Among the fundamental and most commonly used technical analysis tools, support and resistance (SR) levels have a special place. Moreover, strategies based on them are used not only by beginners, but also by quite experienced traders, who have many other tools at their disposal, as well as extensive trading experience. So why have these simple lines become so widely used by investors? Let's think about this together.

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