In this graph we can also see lines of support and resistance. Lines 1 and 2 are purely support lines, while lines 3, 4 and 5 are resistance lines. Line 3 and 4 are interesting cases of a resistance lines turning into a support lines
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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.