Reply To: Support & Resistance Lines
Hi John, great stuff. You picked nice levels there.
I’m attaching a screengrab of the bar I think Wayne picked up on. That long wick on the downside of the candle shows selling strength was absorbed and overcome by the buyers – it put it a swing low all on the one candlestick so not always as obvious as the clear low moves but it can certainly become support too. You’d extend your level off the real body high as normal (good spotting, Wayne).