Support and Resistance Explained

In this video, we build on our introductory Charting for Beginners topic by introducing the concept of support and resistance, which is a cornerstone of technical analysis. We explore examples of this phenomenon with the use of real price charts, noting some of the benefits and difficulties when looking for support and resistance levels.

Test and practice your investment strategies in real market conditions with virtual money. Learn to trade and invest for free. – https://www.trading212.com/en/Practice-for-Free-GBP

Download the free native mobile apps now:

Trading 212 for iOS – https://apps.apple.com/gb/app/trading-212/id566325832?mt=8

Trading 212 for Android – https://play.google.com/store/apps/details?id=com.avuscapital.trading212&hl=en-uk

Subscribe | Select the Alarm Bell | Hit the Thumbs Up | Share | Comment

#Investing #Trading #Equities #Trading212

At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.