Exercise 3 · 14 min

Support and resistance as prior trade

Time: 20 minutes · You'll need: a calculator (or a spreadsheet) · Builds on: Lessons 2 and 3

Warm-up

Check yourself

Why does this course build a zone from closes rather than from the highest and lowest wicks?

Check yourself

Price closed below a support zone, then rallied back into it and turned down again. What is that called?

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