“There’s no such factor as help and resistance ranges”
Once I first heard that I assumed “What sort of garbage is that this man speaking?”
What are help and resistance ranges?
“help is a degree or space on the chart beneath the market the place shopping for curiosity is sufficiently robust to beat promoting stress. Consequently, a decline is halted and costs flip again once more. . . . Resistance is the alternative of help” (Murphy 1986).