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Pivot Points

Remember when we talked about horizontal support and resistance, I told you it is more like a zone, not an exact line and that different traders can see different levels of support or resistance. The same is true for diagonal […]

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Dynamic Support and Resistance

Dynamic support and resistance is automatically drawn by Moving Averages and it is called this way because it constantly changes, due to the changes in price. If you remember, when we talked about the Moving Averages, I told you that […]

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Diagonal Support and Resistance

Trend lines are a form of diagonal support and resistance. These are drawn and identified the same way as horizontal support and resistance. Draw a trend line by connecting two lows in an uptrend or two highs in a downtrend. […]

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