Sentences with phrase «clear support and resistance levels»
HD has now established clear support and resistance levels for its recent price action.
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There are also tools that can filter a list to look for clear support and resistance levels.
Not exact matches
Each and every trade should be created for a specific analytical reason — i.e. we have identified resistance and support levels or we have a clear trend.
To get started, let's clear up a few common myths about drawing support and resistance levels...
The price shot down, the price shot up — where does this leave us now?Figure 1: BTC - USD, 6 - Hour Candles, GDAX, Macro Bull RunSince the beginning of this bull run from $ 1800, we have established very clear, very strong support and resistance levels along the Fibonacci Retracement set shown above.
Take note that support and resistance are not clear - cut price levels.
To get started, let's clear up a few common myths about drawing support and resistance levels...
Once the fundamental picture is clear, we then need to focus on the technical analysis and in particular the support and resistance levels that are near the current price.