One resistance line is situated in 30.60 and the other in 32.20
What is the main? Neither of two!
Support and Resistance is an area, zone, around, etc be flexible
Technical Analysis, it is not a science, the word “Technical” makes many think that this is like Technical drawing.
The behavior of the price is very random and the word “Technical Analysis”
make that people think that they are in control of what they see on the screen this is called “illusion of control”
en.wikipedia.org/wik.../Illusion_of_control
The other affair is the word “Analysis”, this causes in some people something called Analysis paralysis
en.wikipedia.org/wik...i/Analysis_paralysis
Then!
Why? I use Technical Analysis to pick stocks
Because I do not claim to be right when I post
What is the main? Neither of two!
Support and Resistance is an area, zone, around, etc be flexible
Technical Analysis, it is not a science, the word “Technical” makes many think that this is like Technical drawing.
The behavior of the price is very random and the word “Technical Analysis”
make that people think that they are in control of what they see on the screen this is called “illusion of control”
en.wikipedia.org/wik.../Illusion_of_control
The other affair is the word “Analysis”, this causes in some people something called Analysis paralysis
en.wikipedia.org/wik...i/Analysis_paralysis
Then!
Why? I use Technical Analysis to pick stocks
Because I do not claim to be right when I post