Draw Support And Resistance - A Popular Forex Trading Strategy

bestforexPublished: August 23, 2014
Published: August 23, 2014

Draw support and resistance levels must be completely obvious. Just because you identify one of these levels doesn't mean the market will honor it. You must instead identify the levels that the market will honor. The market will respect support and resistance levels if they are obvious. That is because thousands of other traders have also identified that particular support and resistance level and so they will trade when the market reaches it.

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