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Smart Non-Overlapping S/R

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How to Interpret This Chart
The "Cluster" Effect: Look for areas where lines from different timeframes are close together (e.g., a Daily Support line is right next to a 4-Hour Support line). These "clusters" are very strong zones where price is highly likely to bounce.

Breakouts:

Bullish Breakout: If a candle closes above a Resistance line (e.g., "Daily Res"), that line often turns into new Support.

Bearish Breakout: If a candle closes below a Support line (e.g., "Daily Sup"), that line often turns into new Resistance.

Color Coding:

Orange (Daily): Major levels. Expect big reactions here.

Purple (4H): Medium trend levels. Good for swing trades.

Blue (1H): Minor levels. Good for day trading entries.

כתב ויתור

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