Disliked{quote} Support/Resistance trading would be using the past to predict the future. If a large entitiy has pulled its offers, price will break though a former resistance level rendering any TA useless. Future or \"potential\" S/R is what is ment to trade.Ignored
The past traders entered their position around those levels and some of them still hold their positions. When price get back to those levels, those traders holding their positions need to protect their positions, and they will do what they can do to drive price back.
ignore wackos and psychos, including myself. But I can't add myself to iggy