Why Support and Resistance?

[sturec22]

whenever I check the support and resistance I end up seeing fibonnaci numbers... that is super cool.
I think support and resistances are great informations when trading.
I pick my stop loss and target sells to these levels

[felixesteban]

Thanks for the great video. Its so informative. Maths exist in all areas of life. It is possible to understand a lot of things correctly and make decisions accordingly by using this information.

[Angkoolart10]

Hey! Great video. Now I hope,that people can learn what this levels are and how prices move around those levels.
Often newbies in trading start immediately trading when a level breaks out, but sometimes it is a fake break out and newbies lose their money, so better to be warn about that.
[/quote]

Oh! your right about break out sorry about that I forgot. Maybe all newbie need to try that first and then learn from there MISTAKES but don't give up.

[Speaker]

Useful information. I think that these topics should be combined into one General category.Yes, there is a huge amount of information on this topic on the Internet - but agree on the forum to make it easier and more convenient.All in one place+ if something is not clear you can always give a comment.

[Crypto Guard]

There are always two things in this world, good and rushed, healthy and sick, including resistance and support. This is normal. Stay focused on what we want. Then being 1 frequency with the same people is better.