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

  1. #731
    Senior Member Mohamed Nait is an unknown quantity at this point Mohamed Nait's Avatar
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    Hello I believe, that is does not go to be very popular here,support and resistance are convenient ways to describe price movements from traders who need the convenience of an explanation for the rationale behind their decisions to SELL or BUY.

    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 waleedyousaf is an unknown quantity at this point waleedyousaf's Avatar
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    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

    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 anikkabir is an unknown quantity at this point anikkabir's Avatar
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    To recognize the actual mobility, don't be tied to in addition to toughness. Zigzag detector makes it possible for investigation of the differences. Service in addition to resistance usually are not hard in order to time period in addition to there are not any rules, we should use in addition to resistance 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.


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    Trusted Member malik will become famous soon enough malik will become famous soon enough malik's Avatar
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    Bhai jis level ko market baar baar touch kartee hay aur break naheen kar patee us level par traders interested naheen hoty aur price rebound kar jatee hay isis liye in levels ko powerful levels samjha jata hay.

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    Senior Member asifali1111 is an unknown quantity at this point asifali1111's Avatar
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    Forex is the best for the student.I do believe despite the fact that more often than not that occur although sometimes furthermore definitely not occur and when every time that occur and then certain currency trading turn out to be easy however in fact it's definitely not occur at all times including while brand new announcement if there is Precise considerably more as compared to forecast as compared to never in history currency exchange move your expectancy.

    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 nice49 is an unknown quantity at this point nice49's Avatar
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    Forex is the good job. Forex trading is need rest and complete rest to earn more and more profit from Forex trading because Forex is a way to earn more and more profit for on line business..nice job.

    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 puji is an unknown quantity at this point puji's Avatar
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    I understand it is if the price is at a certain level then the price bounces the reflection point will be resistance, and if the point of resistance is penetrated by the price point will be a support so forth.

    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 ali002 is on a distinguished road ali002's Avatar
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    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 .to my knowledge it is happening because of the habit of traders,
    but that makes me confused, currency prices are not only influenced by traders..

    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 mdjoy133 is an unknown quantity at this point mdjoy133's Avatar
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    Forex goods for a does previous support become resistance and vice avers for a Forex work and better income and foe money for a jobs so goods for a Forex work and better for a Forex post a Forex and goods for Forex income money and best work a fore.

    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 ObaFX is on a distinguished road ObaFX's Avatar
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    it is simply because a lot of people are looking at those levels and are either using them as entry, take profit and stop loss levels so market volatility usually increases causing either a bounce back or a breakout of that level.

    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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