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

  1. #741
    Senior Member boganic is an unknown quantity at this point boganic's Avatar
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    I ussually set up Pivot indicator and Fibonanci into my charts. these indicators are best for making knowledge about support and resistance points. But to use it effectively, you should draw trendlines and combine with it.

    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 MOHIDUL is an unknown quantity at this point MOHIDUL's Avatar
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    Why when a new strength to get cut? Character level on these people opened below, and is quite common. But what is the reason?

    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 cahyopur is an unknown quantity at this point cahyopur's Avatar
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    it truly is mainly because lots of people will be using these ranges and therefore are both working with them since admittance, consider income and forestall damage ranges thus industry movements typically boosts creating sometimes a recovery or even a eruption of the stage.

    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 tipuraj is an unknown quantity at this point tipuraj's Avatar
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    Seek to recognize the actual movement, do not waste materials any time assist and level of resistance. Work with zigzag warning to evaluate inside a few moments. Assist and level of resistance seriously isn't the actual hard phrase, and there is absolutely no restrictions that any of us must have make use of assist and level of resistance.

    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 chakibo is an unknown quantity at this point chakibo's Avatar
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    I do not think to look at the power of buyers annd sellers,
    but to see the habits of buyers and sellers,
    where the seller took off the price or where the buyer will usually purchase price.

    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 refoFX is an unknown quantity at this point refoFX's Avatar
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    support and resistances are the foremost vital factor to grasp methods of market..... support become resistance while it is broken and vice versa. it happens as a result of once price have bounced from that level and price obeys these levels................

    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.


  7. #735
    Banned nitem is an unknown quantity at this point nitem's Avatar
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    in forex the market price of the currency always up and down. it change on every moment. as a result in the chart of the currency price the support of the price can be turned to resistance within a minute but you have to take decision on your efficiency.

    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 MotorBalap is an unknown quantity at this point MotorBalap's Avatar
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    yes,in technical analysis we will find that support area will be resisten area, all depen with market movement. so we must know anothers formula get our profit, for the sample when we make trade with support and resisten we must know about price and volume.

    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 VERO is an unknown quantity at this point VERO's Avatar
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    Quote Originally Posted by waleedyousaf View Post
    This is very basic theory of forex trading..
    If any currency pair crosses any particular support or resistance, then it will automatically become its opposite..
    For example, support value will become resistance value and resistance value will become support value
    Yeah right, this is very common, because if the trend is very strong and penetrating resistance levels to support the value of the resistance and vice versa. this case we can use to take action in the trade. because there must be movement of the price moves corrections will not be possible to move only up or down.

    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 anzerg11 is on a distinguished road anzerg11's Avatar
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    Yes Everyone has their own way because when there is saturation in the price resistance turned into support and vice versa, and so 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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