FTSE 100

[phillo]

Once again , resistance holds 

[MongiIG]

19 hours ago, phillo said:

Once again , resistance holds 

Hi @phillo

Support is a price point below the current market price that indicate buying interest. Resistance is a price point above the current market price that indicate selling interest. How do you determine your support and resistance levels when you analyze the market ?

In your opinion what indicators can be used for support and resistance? If you use any.

Thanks

MongiIG

[phillo]

I use moving averages ( please don't ask which ones ) , then mainly market structure things like previous order blocks, imbalances,  gap fills etc