Horizontal support and resistance lines are referred to as “static,” while diagonal lines are referred to as “dynamic.” Two different investors might draw two different support lines ...

You see, in reality, support and resistance are price zones, not exact numbers. This is clearly visible when switching from a higher timeframe to a lower one: an horizontal line on a weekly chart ...

Horizontal support and resistance lines are referred to as “static,” while diagonal lines are referred to as “dynamic.” Two different investors might draw two different resistance lines ...