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A question from an amateur chartist.
Basically I have been drawing support/resistance lines on 60 min and 5 min charts of Eurex bund future.
After drawing the lines along highs and lows (accurately) , when I move from one time-scale to another, or even tighten up or widen out a chart on the same time scale, the point at which the lines cross the current price changes.
Is this normal ?
Basically I have been drawing support/resistance lines on 60 min and 5 min charts of Eurex bund future.
After drawing the lines along highs and lows (accurately) , when I move from one time-scale to another, or even tighten up or widen out a chart on the same time scale, the point at which the lines cross the current price changes.
Is this normal ?