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Support & Resistance

Defined as horizontal lines of support and resistance based on previous price action

When price is alternating between trending and correcting it is creating highs and lows (which you should know by now). These highs and lows can be used as support and resistance for future price action.

 

 

Move on to Step 4 - Module 2 > Trading System Builder Tool Kit: Trading Rules > Trigger: Trend Lines

 

  

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