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1) how do you determine the horizontal line that i circle? (on white)
2) is your support means resistance too?
3) what's with the calculation..
humble newbie...
hello
1) its a simple trendlines , try using Fractals indicator and u'll c by the eyes, if u asking how i know to which trendlines i give more power , so its basecly by my feelings , after trading lot of trendlines u "know" which trendline is stronger or which trendline u should ignore, i dont have exact role for that.
2) yes
3)calculation of what ?