British Pound / U.S. DollarEducation
Support and resistance validation
Main rules to consider when identifying a valid level of support ad resistance
Must have:
- 3 or more bounces
- The last interaction must be a bounce
- Must be more bounces than breaks
Must have:
- 3 or more bounces
- The last interaction must be a bounce
- Must be more bounces than breaks
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.