An important element of price action that can give a trader some insight into the probability of support/resistance holding or failing.
An important market pattern
A high-probability trading pattern that offers good risk-reward with clear risk management points.
Traders Ask- Why Hold?
Yesterday I posted Important Intraday Resistance Level (BIDU). Tapetrader followed up with this excellent question: Bella: I have a question regarding holding BIDU. At 1pm it was the lasttime BIDU touched the 72.5 lvl. What followed was sideways consolidation for a long period of time, and some spike ups and what looks like higher highs. Even though 72.5 is a … Read More
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