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> Draw enough lines on a chart, and the market is bound to bounce off one of
> them.
A variation on this theme is when people draw S&R "zones" instead of lines.
You find that the "zones" represent maybe 50% of the relevant price range.
So wherever the price turns, it's likely it was either in a "zone', or "just
above" or "just below" the zone. The idea certainly seems to work, until
you look at all the times when it does not.
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