As we all know according to newton's law of motion,a body will continue to have a motion until it is being stopped out by an opposite force. We place value on FIB retracements which got its foundation from one of the historical founder of mathematics,Fibonnaci(1170-1250). Why then should we neglect/disvalue support and resistance which goes along with one of the greatest physicist's claim,Newton. An upmost value should be placed on my above title. Even if a trader have little or no knowledge on indicators and mind full of strategies,just stick with S$R.
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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.