Dynamics of Support & Resistance

June 10th, 2020

How can traders better identify and understand support & resistance levels as they occur? In this short clip from his webinar Find Real Time Support/Resistance, Anthony Drager of Verbal Journal discusses understanding why there is support & resistance on a chart can help determine market direction.

“Shorts have to buy, and if there’s a lot of shorts that get stuck in a certain area – which you get better & better at identifying – that’s going to be your best support.”

Anthony also provides a unique comparison of traders stuck on the short side to “baby birds” that’s sure to resonate with some seasoned traders out there.

If you enjoyed this clip, be sure to check out our other webinars on Market Profile and Buy & Sell Signals!


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