Gann-Elliott-Trader

The Power of Support and Resistance Levels

Education
CURRENCYCOM:US30   Dow Jones Industrial Average Index
This is for educational purpose only.

This is an excellent example of how support and resistance level works. When a support is broken, it starts to act like resistance and when the resistance is broken, it then starts to act like support. Here we can see the same level working as support and resistance both repeatedly and consistently.

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