Which psychological levels matter, and which are not
Addition to the last idea.
Strong resistance levels: $10, $1 000, $100 000 - shows cycles boundaries. Hard to achieve and long validation time.
Weak resistance levels: $1, $100, $10 000 - shows middle stage of the trend. Easy to go through, fast validation.
Strong resistance levels: $10, $1 000, $100 000 - shows cycles boundaries. Hard to achieve and long validation time.
Weak resistance levels: $1, $100, $10 000 - shows middle stage of the trend. Easy to go through, fast validation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.