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Setting Support and Resistance lines
Multiple Time Frames
This is a must learn exercise. Support and Resistance lines show exactly where the buyers and sellers have come into the market. The larger the time frame, the larger the players. The big banks and hedge funds do not trade 1 hour and 15 minute charts they trade daily and weekly charts. So the higher the time frame the more significant the support or resistance line becomes. The video is fairly simple but if you need help please call and I will personally help you.
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