What is trend support resistance?
Hi @colesbanks!
When the market moves up and then pulls back, the highest point reached before it pulls back is now resistance .
As the market continues up again, the lowest point reached before it climbs back up is now support .
To know more about Support and Resistance Levels, please feel free to visit this lesson on BabyPips.com’s School of Pipsology.
Good luck!
Penelopip
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