954 - something important

Other than the 3 important logic, which is overall trend, resistance/support and price actions, there is also another surprisingly accurate indicator. It is Fibonacci.

In an uptrend, you just draw it, and retracement is like to stop at 38%,50% and 62%. 

Anyway, with so many theory, nothing counts if I don't make bucks out of it. So, prove it with results.

Another thing I learnt today, why does resistance becomes support, and vice versa?
Because people buy at support. But the price keeps dropping. So that wait until the price retrace back to where they bought, which is the support, then sell away their holding.