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New Indicator – Day Trading S/R Pro
Support and resistance are important levels where lots of buyers and sellers are willing to trade a security. Although single lines look nice on a chart, levels need to be seen as zones. Like Al Brooks is saying here “One of the most useful rules in trading is that if something resembles a reliable pattern, it will likely behave like the reliable pattern. In any case, nothing is ever perfect or certain, so close is usually close enough.”
Celebrating over 1000 Days of Price Action Indicator Blog
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