I see support and resistance more as price zones where the price range is quite solid as if it were hard to penetrate, and not a price level at a certain number.
I see support and resistance more as price zones where the price range is quite solid as if it were hard to penetrate, and not a price level at a certain number.
There is nothing wrong with putting entries on support and resistance price levels, however, the market is dynamic, to determine the entry point I choose to read candlestick patterns when the price is likely to move in a solid support or resistance zone.
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