Support and Resistance – Chart Examples
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Question 1 of 10
1. Question
What is the primary function of support and resistance lines in trading?
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Question 2 of 10
2. Question
In which situation is a support line considered a resistance line?
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Question 3 of 10
3. Question
Which time frame support and resistance lines are considered more significant regarding financial expression?
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Question 4 of 10
4. Question
How are support and resistance lines generally placed on a chart?
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Question 5 of 10
5. Question
What is the significance of placing support and resistance lines from various time frames on a chart?
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Question 6 of 10
6. Question
What is the Warren Buffett quote mentioned in the content?
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Question 7 of 10
7. Question
What is the primary purpose of identifying support and resistance lines?
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Question 8 of 10
8. Question
What colours represent support and resistance lines on a monthly chart?
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Question 9 of 10
9. Question
Why is it essential to consider support and resistance lines from different time frames?
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Question 10 of 10
10. Question
How does a resistance line become a support line?
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