Tag: support and resistance forex

Support Equals Resistance and Trading Strategy

Another Principle Of Technical Analysis Specifies That Support Can Turn Into Resistance And Vice Versa. Once The Price Breaks Below A Support Level, The Broken Support Level Can Become Resistance. The Break of Support Signals That the Sellers Have Overcome the Buyers. Therefore, If The Price Returns To This Level, There Is Likely To Be […]

How To Find Support And Resistance For Profitable Trading

Support and Resistance Are Like Mirror Images and Have Many Common Characteristics. Support Can Be Established With The Previous Reaction Lows. Resistance Can Be Established By Using The Previous Reaction Highs. Some Of The Ways To Find Support And Resistance Levels Are As Follows: Psychological Levels Occur When Price Ends With Multiple Zeros. It’s Human […]

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