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Support and Resistance Explained

In this video, we build on our introductory Charting for Beginners topic by introducing the concept of support and resistance, which is a cornerstone of technical analysis. We explore examples of this phenomenon with the use of real price charts, noting some of the benefits and difficulties when looking for support and resistance levels. Visit us at https://trading212.com Download our free mobile apps for iOS or Android: https://trading212.com/GetTheApp ------------------------------------------------------------------------ 📲 Trading 212 on Social Media:   / trading212     / trading212     / trading212     / trading212   https://community.trading212.com ------------------------------------------------------------------------ #Investing #Trading #Equities #trading212 The information contained within the video was correct at the time of recording but may have since changed. At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.