Level of Support Breakthroughs
December 9, 2021
What is a resistance level?
December 9, 2021

Sideways Trends

The portion of the chart between levels of support and resistance is called a price channel. If the line moves horizontally along the channel, then this market condition is called a flat or a sideways trend.

If the price has bounced off the support level, make up trades. If the price has bounced off the resistance level, make down trades.

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