Support and Resistance – Support Lines
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Question 1 of 6
1. Question
Which statement refers to the support line?
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Question 2 of 6
2. Question
The stronger the support line, the stronger the breach will be when the trend breaks the support line:
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Question 3 of 6
3. Question
Let’s say that we’ve got a downtrend movement, and right now, we’ve reached a specific rate, and the market is just bouncing on that particular rate several times. It means that a disagreement in the market is […]:
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Question 4 of 6
4. Question
If we’ve got a short period of bouncing on the line, then we expect to see a big cross in terms of liquidity:
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Question 5 of 6
5. Question
If we’ve got an announcement in the background that will cause traders to stay away from the market until they receive the announcement, the information from the announcement, then we expect the market to cross the support line:
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Question 6 of 6
6. Question
The support line is a good point for us to make this assessment and connect with other indications:
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