Why Support and Resistance Works: The Psychology Explained ☝

The theory behind Support and Resistance. http://www.financial-spread-betting.com/course/psychology-support-resistance.html Support and resistance explained. PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE The idea behind support and resistance is that we either play a fade play against it although of course we could also use a breakout strategy. But why do support and resistance levels hold? What is the whole point of it? We have supply and demand and for each buyer we need to have a seller. What moves price is when there is an imbalance.

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