Support is level or zone where there is more demand And
Resistance is level or zone where there is more supply than demand.Moving average is simply the average of price between given periods.It may some time act as Support and resistance.
Support is level or zone where there is more demand And
Resistance is level or zone where there is more supply than demand.Moving average is simply the average of price between given periods.It may some time act as Support and resistance.
support , resistance and moving average is one of the best indicator in Forex.Moving average in help to find out right trend.For support & resistance you open buy trade in support line and take profit in resistance.And open sell trade in resistance line and take profit in support line.
bro you need to go through some online basics tutorial on the forex, there is plenty of material available online, please read if first as there are many other things than support and resistance that you need to know, in simple words when price going down and a level which stops it or halt it for sometime is support and vice versa in the case of uptrend that is resistance, rest there are many types of support and resistance you can read detailed tutorial on some on-line website
support and the resistance is the area is the point where we can use that point to know that the market is want to change the trend, and then that is also too important to use, i am also like to use the indicator to know about it
support and resistance are just lines when the price touch them it return to its original direction. I think all traders must use the support resistance lines at their trading
Support is one of the points used in the price movements provide the price reversal or can be referred to as the lowest point that can be achieved at that price and vice versa for the resistance which is the culmination of the price to do the reversal. If the moving average is an indicator of the analysis only.
assist ended up being the actual turning point from the selling price mobility that selling price falls as well as at that time which the chance for selling price motions may turn around, even though the resistance is the contrary involving assist.