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Support and resistance levels

PostPosted: Wed Oct 19, 2022 2:30 am
by Sundall
Tell us why the levels of support and resistance in trading are needed and how to determine them?

Re: Support and resistance levels

PostPosted: Wed Oct 19, 2022 2:33 am
by Vaine
These are one of the most important elements of technical analysis in trading. Some use levels in trading directly, opening and closing orders at the borders of the range outlined by them. Others apply the balance of supply and demand in their trading strategies at various time intervals. At this link https://southafricatoday.net/financial/ ... fine-them/ you can find out more useful information about these lines on the chart and actually what are the most effective indicators for them.