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.
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.