What timescale to use when looking for support/resistance

Iotrez

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Hi all,

I was reading about looking for support and resistance levels on charts and then joining these points up with a line so that you can predict where the next high or low will be.

I was wondering though, on what sort of timescale do these highs and lows tend to occur.

Do they happen on a weekly basis or a monthly basis or what?

Thanks.
 
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