Sentences with phrase «resistance trading techniques»
Many of the same rules that apply when trading other types of support and resistance trading techniques are applicable when trading pivot points.
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In a downtrend, resistance acts as an upper price limit, which can form the foundation for your trading technique.
Combining those signals with significant support / resistance levels, stop run levels, or other trading techniques can be a great way to start out trading profitably.
So, whatever your technique for identifying support and resistance levels, plus other signals, trading during the most active periods can often yield the greatest profit potential.