Favorite expression of analysts and market gurus:"price moves from level to level", raises great doubts about its truth. For example, a very common `` triangle '' pattern on charts, least, does not reach the nearest level four times in a row.
This allows one to suspect that, what, least, at half, and more likely more, Cases, price is not attracted by levels.
And if you take into account that, that when exiting the triangle, the price flashes all possible levels as if they were not there, meeting no resistance, no support, then why should these levels be taken into account at all?
Also, one should take into account the fact that it is at the levels, where the money of the bulk of gullible traders is at stake in the form of stops, focused attention of market catalogs and market makers, to whom it costs nothing to collect placers of orphaned money, since they just lie under your feet on either side of the `` level ''.
I.e, it turns out that the level is the most dangerous place for private trade :)
