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Determine support & Resistance

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  • Determine support & Resistance in Forex Education_index
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the support and resistance area is a quite important part of trading, because many people use the trading system by combining it with the support and resistance areas, and many traders also initially learn the support and resistance areas when starting trading
#136 - May 28, 2021, 01:09:09 PM

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Support and resistance in my opinion can be said to be the initial foundation to analyze price movements, because there are so many good and profitable trading systems that are basically supporting and resistance areas, because they are very feasible for beginners to study this first before stepping into other things
#137 - May 29, 2021, 01:09:37 AM

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The use of support and resistance areas is indeed very much by traders, both professional traders and new traders, because using the support and resistance areas will increase accuracy.
#138 - May 31, 2021, 02:37:44 AM

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support and resistance areas are indeed important and basic things for traders to know, because there are so many trading systems whose decision-making references are from this area.
#139 - June 12, 2021, 06:51:46 AM

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MA (Moving Average)

Moving Average is one indicator that can be used to calculate support and resistance which is ideal and widely used by traders. This is because the support and resistance has a position as a direct derivative of the prices in the market. Moving Average will be calculated using the average price that moves for a certain period of time. However, not all Ma can be used to determine the support point and resistance. This is because the smaller the period is owned by the Supreme Court, the smaller the strength will be produced. Usually the MA indicator is famous for God and has great strength is 50 SMA 100 High School and 200 High School.
#140 - June 14, 2021, 08:57:30 AM

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In my opinion, support and resistance is where the currency volume experiences a saturation point of buying and selling so that it triggers the side away and the price reverses direction or can continue the buying or selling trend depending on the pair itself in actual conditions. But more often, if the support and resistance have been maximized, the price will definitely reverse direction because it reflects the candle
#141 - June 16, 2021, 03:40:35 PM

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indeed, in analyzing a price, it does not escape the support and resistance technique. Because that is the upper and lower limits, many professionals use support and resistance to analyze currency prices. money
#142 - June 19, 2021, 12:51:31 PM

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This support area can be used to increase our potential for greater profits, namely by combining it with the analysis of the indicators that we use
#143 - June 21, 2021, 09:14:53 PM

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The support and resistance area can be defined in various ways, we can use the Moving Average Indicator for example with a period of 200 which is often used for Ares Support and Resitsance
#144 - June 23, 2021, 01:27:50 AM

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