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the confusing aspect of triple tops trader option binary and bottoms is that it can closely resemble double tops and bottoms. Once again the prices cant break through which means a reversal of the preceding trend.
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You see it provides resistance here. Again, nothing magical. Its just mass psychology. So the same principle applies to support resistance. Nothing magical about them, but if you have certain levels that everybodys looking at 52-week highs and lows would be a good example of.
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