RE: Trading Support and Resistance Levels - Short Technical Analysis Guide

catotune(65)

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Tuesday, July 25, 2017 11:31 PM

Thanks for the simple and clear explanation of support and resistance!

One thing I noticed is that in your example graphs, the price falls off a cliff after your support and resistance lines. Doesn't this illustrate that the notions of support and resistance are not reliable and rather illusory? After all that technical analysis, the price just plummets anyway!

ecency

Tuesday, July 25, 2017 11:31 PM

catotune(65)

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