Support and resistance

What are the levels of support and resistance in trading for? What can be done with them?

In trading, it is very important not only to plan transactions and calculate profits, but also to manage risks and do everything so as not to lose your capital. This is what support and resistance levels are for https://southafricatoday.net/financial/ ... fine-them/ They help determine the extreme high the profit point on the chart and the minimum price of the asset allowed for losses.

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