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What is Learnforexsupport and Resistance about?

This document provides an overview of elementary support and resistance levels in trading. It defines support and resistance as price levels where there is an excess of buyers (support) or sellers (resistance) as the price moves up and down over time. It discusses plotting support and resistance as zones rather than exact numbers, and how to identify true breaks of support/resistance versus temporary breaches. Key points covered include trading bounces off or breaks of support/resistance, and how broken lev

Author

lewgraves33

Language

EN