Ep 0004 Down the rabbit hole with Support Resistance and Trend lines
2 years ago
13
Ep 0004 Down the rabbit hole with indicators. Calling a level support or resistance can lead to a false sense of security. I call them levels price will either bounce or break through I place no expectations on the level but if you think of it as support or resistance and it breaks. Make things easy on yourself just call them levels.
Trendlines same thing price is either moving up the screen or down the screen and price can turn at anytime also there are no fixed rules for drawing trendlines as you will see. Make thing easy on yourself price sees levels only not trendlines. But you make your own choices.
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