Since support and resistance occur within a time frame, does that mean a support level on a daily time frame cannot be a support level on a 45-minute time frame?
Based on @JasonGraystone 's video, this candle (spotted on the @TradingView chart) indicates strong selling pressure and a downtrend. But we need more technical analysis for accurate predictions.
I'm practicing what I have learned from @JasonGraystone and I am understanding price movement. One thing I loved discovering is that the close of a candle serves as the open of the next candle. Read my notes on the chart.
