Support and resistance

Beginner Questions
1

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Hey guys are these zones I’ve drawn correct on the daily

2

Hi, support and resistance is very discretionary method, check Nial Fuller website. Regards Greg

3

Nial Fuller gets some stick for his training charges but he’s fine at TA information and straightforward explanations.

Actually there is no “correct” location for s/r. The location is correct for your strategy if it has a positive effect on your trades and you use a standard method (which could be unique to you) for identifying where it should be.

4

There is no right answer.

Please refer to this lesson: