Round-number levels are especially prone to serve as support or resistance, as investors view pullbacks to such levels as good entry points for long positions or potential closeout points for ...

You see, in reality, support and resistance are price zones, not exact numbers. This is clearly visible when switching from a higher timeframe to a lower one: an horizontal line on a weekly chart ...

The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. It can be successfully traded by buying at support and selling at ...