Why does previous support become resistance and vice versa?

[opus089]

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[tradergalau]

may be i'll gonna answer according to my trading style. trading at support and ressistant area is a good way to trade.. because i just imagine the chart in front of my eyes was the war between buyer and seller.i marking where the support area.. and sure ressistant are.. once the price come to this area.i'll watching price action there.. and just open right there.. but once this break.. i represent that there is a winning of the area... buyer win if the price break up the ressistant and the resisstant will be buyer area...so it will be support area. vice versa.. and this strategy won't never be expired till the end of market age

[winwinwindu]

I think although most of the time it happen but sometime also not happen and if each time it happen then sure forex become easy but in reality its not happen all the time like when new news if there is Actual much more than forecast than never all time currency go our expectation .

[Mas]

Why does when a resistance get broken it becomes a new support ? I see people open trades below and above these levels , which is quite common. But what is the reason?

I think if every currency pair crosses certain support or resistance, it will automatically be the opposite in the other currency pairs
for example, the value of support will be the resistance value and resistance value will be the value of the support that we can use for our trading results and open positions

[shohankst9]

I think Forex is a good business.Yes i 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.Have a nice day.Thank you.............................................

[rebate lover]

support aur resistance values pe aake market kuch der ke liye consolidate karta hai kyunki in levels pe buying aur selling bahut zada hoti hai is wajah se market thoda confuse rehta hai
kayi traders inhi levels pe trading karna pasand karte hai jabki me sath me fundamentals ko bhi dekhta hon fir trade karta hon

[prince7]

I think the support and resistance is a reflection of the strength of the sellers and buyers
where they are clashing power to control prices thanks.....................................

[tarin1]

I think forex is a good job.yeah I agree with you and when 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.Good luck with your trading......................................

[setu123]

Use zigzag indicator to analyze in seconds. Support and resistance is not the hard term, governments to maintain their currency exchange rate. We know lots of traders are watching the support and resistance level closely thats why they tend to hold most of the time.

[noora]

Support and resistance is not the hard term, and there is no restrictions. I think the support and resistance is a reflection of the strength. lots of traders are watching the support and resistance