Resistance Trendline Becomes Support for a Great Buy
Submitted by MagicMan on Sun, 09/04/2011 - 22:13
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We all know, trendlines don't hold true forever. Eventually, price breaks through. But then what?
Like this video shows, what WAS a resistance trendline then provides a great support area for a buy. Watch the video to see how I like to execute these trades in real life.
This setup occurs on ALL timeframes and ALL symbols.
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