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Price Action Structure: Support at Prior Resistance, Resistance at Prior Support

From forex.com

In the last price action installment, we looked at how traders can analyze a chart without any indicators, focusing solely on a market’s price structure to help with trading analysis and decisions. As shared there, trading in the direction of the trend can be helpful, as the future remains uncertain at all points in time, but one of the two tenets taught in the Trader’s Course regarding technical analysis is that trends exist, there’s often a reason for them, and that reason may continue to drive. The other tenet we had touched on only briefly in the last article, but we’ll begin getting more in tune with that today ... (full story)

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