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Beskrivelse
Locating the support and resistance on a price chart to some traders especially newbies and novice traders alike, is like 'looking for a needle in a haystack.'
Most people read about this topic yet have little to no idea on how to spot or locate a support or support level and a resistance or a resistance level on a price chart.
Support and resistance are simply price points on a trading chart.Many traders especially newbies and those with little to no understanding of the chart find it difficult to locate the support and resistance levels on a price chart.They are simply price levels which are scattered across a trading chart.They are important price points that help traders in making informed decision with respect to order entry positions,Entry and exit points,important psychological points,Price pivot points,regions of price reversal or continuation,points of price turnarounds and inflection points on a price chart.
This book RESISTANCE & SUPPORT MASTERY,outlines what Resistance and Supports are,their importance,application and how to spot and locate them on the trading chart.With practical examples from real trades.