Why does previous support become resistance and vice versa?

[mix]

well actually my dear I consider that its the market movement and we have to regulate our trade and strategies according to it and thats the real way to trade.otherwise we wont be able to do anything good.we change as the market change and there is nothing new that the traders who are successful follow this rule of change.

[kahenaforex]

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[Fxawesome]

Some times those levels does hold, the price breaks above or below it. But then we should know that the previous support or resistance level will potentially act as a resistance or support area. Withe the candle stick pattern I have been able to learn a lot.

[mehakmujtaba]

yes I trust you and once the winner is that the purchaser are ready to suppress or check in resistant whereas if the winner is that the marketer is in a position to penetrate the support and previous support is very important..

[adnanr]

har support resistance be hoti hay agar koe trade support ko toor day too woo phir resistance ban jati hay or agar aysay hee resistance toor diyay too woo new support ban jati hay

[sajumanir2]

support as well as resistances tend to be the most important thing to recognise the fundamentals of market. Assist grow to be weight if it is broken as well as vice versa. The item is really because as soon as cost include bounced by that levels as well as cost obeys these quantities.

[fxjais]

Forex market ki movement me aisa bahut kuchh hota hai jo automatic hota hai aur ye koi bhi nahi samajh saka hai ki aisa kyu hota hai, magar essi sabhi ponit ko read karke forex market ki technical analysis ki jaati hai.

[mrinalini]

well dear in forex actually I consider whenever a currency or some commodity breaks a level whether it is resistance or support it will be converted into opposite means if it was support level after breaking it will become resistance level.

Currency strongly has a support and resistance levels and it is always there when currency moves in a direction it does not move in one go and always come back again to its previous price which then becomes the support level and the level it reached first is the resistance level and it is how the markets move most of the times .

[fx4somethin]

It is like that because as the trend continue to surge, you have a reversal level to re test. This reversal is to spring the market to the next level as it makes the former resistance a new support . In most cases , it is a strong trend that is unfolding. if you understand it you will just laugh.

[TIMOR]

the good skill understand the movement don't waste the time support and resistance because people will be very easy to make a profit so that forex love turned into support and resistance is important.