Disliked{quote} When you see support/resistance levels being created like the yellow line I drew, usually they would be stops placed right below them (liquidity) by other traders, so more often than not a stop hunt occurs to trigger them (liquidity grab) and price continues on. It's nice to be aware of such levels and reactions which happen around them so that you don't fall for the false breakouts.Ignored

- Joined Jan 2013 | Status: Member | 4,003 Posts
MA provides the market's current direction and strength.
- Joined Jan 2013 | Status: Member | 4,003 Posts
MA provides the market's current direction and strength.