pivot points Flashcards

1
Q

the more times a currency pair touches a pivot level then reverses, the (stronger/weaker) the level is

A

stronger

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2
Q

if the price is nearing the upper resistance level, you could (buy/sell) a pair and place a stop just above the resistance

A

sell

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3
Q

if the price is nearing a support level, you could (buy/sell) and put your stop just below the level

A

buy

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