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Support Can Become ResistanceBreakout Support LinePractice session: Number 1: Price finds resistance in a range The illustration above shows the resistance level provides a clear upper boundary and the support level offers a clear lower boundary to the range. Placing S&R Levels With Wicks And Bodies:The two illustration charts depict the placement of support or resistance lines using the wicks and the bodies of the candle. The chart below illustrates using the wicks of the candles to place a resistance line. Practice Session:Exercise 1: Find the resistance level turned into support Show exercise Exercise 2: Find the resistance level turned into support Show exercise Exercise 3: Find the resistance level turned into support Show exercise Support can become resistance. Sellers will enter the market, and the price will continue down when the price breaks through a support level when the price comes back up to this level. The exact price level in this illustration acts as support and resistance multiple times. Number 1: Price finds support Nut Shell: An overview of the lesson discussed so far. When our approach is stable, we can use the wicks or the bodies of the candlesticks to draw support and resistance.
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