PatternS/R
Support & Resistance
Price levels where buying interest (support) or selling pressure (resistance) has historically been strong.
support and resistancesupport levelresistance level
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Price levels where buying interest (support) or selling pressure (resistance) has historically been strong.
A reversal pattern consisting of three peaks, with the middle peak (head) being the highest.
Reversal patterns where price tests a level twice and fails to break through.
Continuation patterns that appear as a brief consolidation against the trend before continuation.
A trading strategy based on price moving beyond defined support or resistance levels with momentum.