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Ticker Tape by TradingView

Downtrend at Support and Resistance Levels

December 9, 2021
  • Help Center
  • Learn How to Trade in 30 Minutes
  • Support and Resistance Levels
  • Downtrend at Support and Resistance Levels

If the price channel between the support and resistance levels is visually directed downwards, a real downtrend has formed in the market.

It’s best to trade in the direction of the slope. Make a Down trade when the price line runs into the resistance level line.

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