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Thread: Why does previous support become resistance and vice versa?

  1. #991
    Senior Member Amadeus is an unknown quantity at this point Amadeus's Avatar
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    right candlesticks are good to derive sentiments of the buyers. it gives us a picture of the tussle between the bulls and the bears. and market sentiment is factor which cant be ignore while we open our positions**

    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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    Trusted Member fxmoney is just really nice fxmoney is just really nice fxmoney is just really nice fxmoney is just really nice fxmoney's Avatar
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    Most of the time when the pair show breakout you must have to keep that level on the charts so it is very true what you have said so your stop loss become take profit and vice versa so try to keep this in your mind.
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    Banned fasholaforex is an unknown quantity at this point fasholaforex's Avatar
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    When previous support is broken, it becomes resistance, when previous resistance is broken too, it becomes support. So when entering a trade, you put your stoploss at the support or resistance level as the case may be.

    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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    Member Sidrashah is an unknown quantity at this point Sidrashah's Avatar
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    Mujhe is barey mien pata nahi hai abhi kiyoun key mien beginner houn mien ney forex key fundamentals ko samjhney ki koshish bhot he ziada ki hai but mien successful nahi ho saki is ko samjhney mien.

    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.


  5. #987
    Senior Member fxbirati has a spectacular aura about fxbirati has a spectacular aura about fxbirati's Avatar
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    My friend support could be resistance and resistance could be support if the trends break out the support and resistance. It is the nature of the forex trading and we have to understand the technical analysis of the market.

    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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    Trusted Member fxmoney is just really nice fxmoney is just really nice fxmoney is just really nice fxmoney is just really nice fxmoney's Avatar
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    Technical analysis is very much important while trading in the forex market so you must have to look for the support and resistance levels on the charts so that you can place the trade at proper level and book your profit as well.
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    Member bovos is an unknown quantity at this point bovos's Avatar
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    find out best broker for start trade is most important for every traders. best broker support traders for make profit in forex market. for find out the best broker traders have need to analysis market. now a days instaforex is the best broker for new comer.

    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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    Member fxmasterind is on a distinguished road fxmasterind's Avatar
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    My friend we have to follow some rules and these support and resistance rules has developed and most of the traders follow this tradings rules. We know that price action is very important in forex trading and we need to trade with the market conditions.

    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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    Banned mant123 is on a distinguished road mant123's Avatar
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    My dear friend in forex market or any other financial market when resistance broken it become support in forex market.when support break it become resistance in market.actually when resistance break or support break price value become change .

    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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    Senior Member zied is an unknown quantity at this point zied's Avatar
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    if we had memaham area of ​​support resistance. in this area, we can know when to enter and exit the market. can we make this area a place to start trading positions ,,

    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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