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What is Support and Resistance Trading Guide about?

This document summarizes a simple support and resistance trading strategy. The strategy uses horizontal support and resistance levels formed by candlestick highs and lows. A break of these levels after a period of consolidation provides signals to take long or short positions. Support levels are formed by lows with no lower lows between them, while resistance levels are formed by highs with no higher highs between them. Positions are entered on closes below support or above resistance. Stop-losses are set a

Author

Riyo Forex

Language

EN