Support and resistance levels are more than just technical chart elements they are where the battle between bulls and bears truly takes place. These key zones reveal where prices tend to pause, bounce, or break, and they offer traders high-probability areas to plan trades. On XM platforms, mastering support and resistance helps traders gain control over entry and exit strategies with confidence.
This article walks you through what support and resistance zones are, how to spot them using tools on XM’s trading platforms, and how to apply them effectively in your daily trades, as detailed in the comprehensive XM Guide.
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How to Identify Support and Resistance Zones on Charts in XM
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