forex is a good job. Try to understand the movement, don't waste the time support and resistance. Use zigzag indicator to analyze in seconds. Support and resistance is not the hard term, and there is no restrictions that we should have to use support and resistance.best of luck...............
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because the cost will not shift always down or always up there must be every time is a second where the retracement, and therefore we have to adhere to the pattern of being taken away, and acquaint yourself inbound time while go back over
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all previous point. become future point Also buyers and sellers sentiments is also a reason. Also technically if you think price always moves by creating wave so it may another reason. There is a rule in technical analysis is that when a support breaks it becomes resistance and when a resistance breaks it becomes support. Support and resistance are related to supply and demand.
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the previous support become a resistance and the previous resistance become a support. so i think that it is a common thing in the market. i think that it happen so because traders make it as it is a current and well established idea and every traders do so and thus it happen.
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If just about any foreign currency match passes across just about any distinct help or perhaps the amount of resistance, next it'll immediately turn out to be it is another. As an example, help benefit will end up amount of resistance benefit and also amount of resistance benefit will end up help benefit.
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support become resistance because its price.. Zig zag indicator in using s-unit analysis. no support and our support and resistance resistance is not a difficult word to use limit. When movement, support and resistance are a waste of time trying to understand.
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because that become a psychology level. if the price break an important level and come back to it it will respect it more than before because people believe on it, all the processor is about a psychology levels.
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Hello Resistance and support level is the most important for us.I am agree with you,the winner is the buyer will be able to suppress or sign in resistant whereas if the winner is the seller is able to penetrate the support .thanks a lot
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You must understand the prices of currency pairs move so you can understand why the forex traders buy currency pairs at a certain point, every mile point support or resistance has causes and Rzovha that make you choose either to buy or sell.
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Forex is a good job.Yeah agree with what you said. market sentiment is the factor that is making us to see the effect of support and resistance holding or breaking. we know lots of traders are watching the support and resistance level closely thats why they tend to hold most of the time and break occasionally. Good luck.............................
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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