Support and Resistance

Trend lines can also be used to plot support and resistance. However, other tools are also used for this purpose. 

Support and resistance are price levels at which are filled with a large amount of order blocks resulting in a strong reaction when price reaches these levels.

Support and resistance can exist horizontally or diagonally, or even at key psychological levels such as rounded numbers or repeating numbers such as $10,000 or $6,666.

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