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

  1. #1621
    Banned ij999 is a glorious beacon of light ij999 is a glorious beacon of light ij999 is a glorious beacon of light ij999 is a glorious beacon of light ij999 is a glorious beacon of light ij999 is a glorious beacon of light ij999's Avatar
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    Forex market mai jab hum support aur resistanced linme ko draw krna chaheay. Hum ko ya bhe maloom hai k ak support resistance aur resistance liner support bhe ban sakti hai. Hum ko support aur resistance line ko draw krnay kay sath hum ko forex market ka analysis krna hai. Tou he trade open kr sakty hai.

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  3. #1620
    Member raza2018 will become famous soon enough raza2018's Avatar
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    Forex is a good trading business. 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. 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.


  4. #1619
    Member Mr Law is just really nice Mr Law is just really nice Mr Law is just really nice Mr Law is just really nice Mr Law is just really nice Mr Law's Avatar
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    Yes bro! Its true that previous support become a resistance level and previous resistance becomes a support level. So, You have to be careful about trading on these point. When the break of the trend occurs and trend changes its direction, these point came into being and you have to observe these points minutely so that you can trade on these points. Similar type of the trading can occur in the Forex trading market. You just have to keep patience in the Forex trading market for all of this.

    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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  6. #1618
    Member raza2018 will become famous soon enough raza2018'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.

    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. #1617
    Member konspirasi will become famous soon enough konspirasi will become famous soon enough konspirasi's Avatar
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    unfortunately I actually think though most of the time it happens but sometimes it does not happen and if every time it happens then sure forex becomes easy but in reality it does not happen any time like when new news if there is actual more than forecast than never currency all time away our expectations. and I think you should understand correctly about market trends and movement and analyze the market properly and then you should invest in this market. I think support and rejection is a problem you have to learn properly about it and in fact it's not that difficult. task. So you should know first then trade.

    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 suntrung will become famous soon enough suntrung will become famous soon enough suntrung's Avatar
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    we first need to understand that support and resistance are virtual lines or walls, there is no guarantee that prices will respect them, but they have a historical value because when prices reach that point many times and change this direction it means that this is a price zone strong and very likely that it will be the same case in the future if the price reaches the zone, it's pretty much a general idea, your is that all previous support becomes a line of resistance because this is a trade rule and you should get help from what is a line support and which is the path of ressistance for your trade in this forex trading business.

    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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    Mr Law (2018-07-11)

  11. #1615
    Banned kapanggih will become famous soon enough kapanggih's Avatar
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    Try and recognize your activities, never spend time with weight. Use zigzag indications to do some research for a while. Helping along with weight is not just a challenging time period, along with no limitations that we really have to do with helping with weight.
    support and pure resistance technical issues I have observed that the market usually runs thorugh technically as long as fundamental heavy or important comes when the market is run through fundamentlas only

    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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    Junior Member 7alt7op will become famous soon enough 7alt7op's Avatar
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    Support areas become resistance zones, this is normal in the forex market, and this happens because of the supply and demand for different currencies and commodities, when the price reaches an area and this means that there is a demand for it if it rises, through my experience this does not always happen Because the Forex market is volatile like the ocean

    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 aswat will become famous soon enough aswat will become famous soon enough aswat's Avatar
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    Support and resistance lines often get a lot of attention from news sources such as Bloomberg. We are led to identify a certain price as a decisive level or key and when it acts accordingly, the significance of this level is easily established and when any level like support is destroyed now when the price returns to that level again and declines repeatedly where that resistance is made. The line of resistance and support is the temporarily suspended price level. well i really think this is a very basic theory of forex trading. If a currency pair traverses a particular support or resistance, it will automatically be the opposite. For example, the support value will be the resistance value and the resistance level will be the support 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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  16. #1612
    Member lionel has a spectacular aura about lionel has a spectacular aura about lionel's Avatar
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    Well I really believe it is the traders' tendency to look at that level and try to take a position if a break of the resistance or support happens later which may be the support or resistance respectively. So always track that level so you will benefit both from your trade. it is always possible that the price broke above or below the broken support / resistance during retest, and this is something that sometimes happens. Apart from this, still the support / resistance breakout is more reliable, because you know that after breakout there is a barrier in front of the price that refuses and does not let the price reach SL in most cases

    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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