3 Ways To Identify Support and Resistence

We will┬áconsider three ways to identify price support and resistance in the markets you trade. Previous highs and lows Trendline support Fibonacci Ratios These examples are adapted from Jeffrey Kennedy’s time tested┬áTrader’s Classroom service. 1) Uptrends terminate at resistance while downtrends terminate at support. Previous highs and lows often act as resistance and support. In READ MORE