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There are "support" and "resistance" in every tiny swing on a tick chart, but one is not required to trade that just because he happens to use a tick chart to follow price action. |
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Agreed, no requirement for that at all. And one would do well to be aware that these small S & R forming will not necessarily translate into the grand poobah of trades .... different scales, different 'targets' (for want of a better word).