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

  1. #1461
    Member balla will become famous soon enough balla will become famous soon enough balla's Avatar
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    The previous level of resistance is often a point of interest in many technical analysis charts
    (eg previous swing, or previous channel, exit rate, etc.). Once the resistance is resolved,
    many traders will place the entry or exit buy limit orders right in just below the same level
    with the expectation that the same price returns to be significant with some way forward.
    This buy limit order will provide support to falling 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.


  2. #1460
    Banned Sirwan Jamil Ali is on a distinguished road Sirwan Jamil Ali's Avatar
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    Support and resistance in the currency market are areas on which the price is based to obtain the necessary strength that allows it to continue in the same direction. If the price is bullish and resistance is reached if the price does not get the strength to make it back, this means that the resistance is about to allow the price to break through and focus on it to become strong support to support the continuation of the rise

    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.


  3. #1459
    Member samsem99 is on a distinguished road samsem99's Avatar
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    hellllllllo dude,,,,, If any currency pair crosses any particular support or resistance, then it will automatically become its opposite it's too easy to understand support and resistance and do not forget if you knowledge is everything

    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. #1458
    Banned youcef54 has much to be proud of youcef54 has much to be proud of youcef54 has much to be proud of youcef54 has much to be proud of youcef54 has much to be proud of youcef54 has much to be proud of youcef54 has much to be proud of youcef54 has much to be proud of youcef54 has much to be proud of youcef54 has much to be proud of youcef54's Avatar
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    If you see some resistance broken then it becomes support for the pair as the traders have their eye on that levels and again buying comes on the same point. so we will able to see such instances on the technical charts of the pair.

    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. #1457
    Senior Member sufiyan22 has a reputation beyond repute sufiyan22 has a reputation beyond repute sufiyan22 has a reputation beyond repute sufiyan22 has a reputation beyond repute sufiyan22 has a reputation beyond repute sufiyan22 has a reputation beyond repute sufiyan22 has a reputation beyond repute sufiyan22 has a reputation beyond repute sufiyan22 has a reputation beyond repute sufiyan22 has a reputation beyond repute sufiyan22 has a reputation beyond repute sufiyan22's Avatar
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    bhia dekho baat sunno suport ka mtlb pta hi auar resistance ka bhi me batata hn support pr jab market ati hn t to sab seller apne pair buy kr detey hn aur aur market vohi stop ho jati hn aur isi lie resistance buy buyter sell kr detey hn isi lie resistance pr support and support resitance ban jata hn
    Time is Money and Money is time so Focus on Time not Money

  6. #1456
    Junior Member shofiurbd13 is on a distinguished road shofiurbd13's Avatar
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    It is actually theory that preceding status becomes substantiation after score of that condition. Traders shadowing the technical's are e'er exchange you that here is sinewy action and supporting. The signification of robust is that if that present intrude that reinforced resistance then it present be powerful hold as we are now above that opposition distinction.

    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. #1455
    Senior Member munibkhan has a reputation beyond repute munibkhan has a reputation beyond repute munibkhan has a reputation beyond repute munibkhan has a reputation beyond repute munibkhan has a reputation beyond repute munibkhan has a reputation beyond repute munibkhan has a reputation beyond repute munibkhan has a reputation beyond repute munibkhan has a reputation beyond repute munibkhan has a reputation beyond repute munibkhan has a reputation beyond repute munibkhan's Avatar
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    g bilkul dear aap ne sahi kaha hai k forex market mein aisa hi hota hai dear jab forex market mein down ati hai jo support ata hai usy break karta hai to support level change ho kar k kresistacne mein change ho jata hai

    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.


  8. #1454
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    yes of course agree when a resistance level breaks then it becomes a strong support level and vice versa now we are moving to a practical example of our market forex..............................

    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.


  9. #1453
    Junior Member Nasir Tufail Rana is on a distinguished road Nasir Tufail Rana's Avatar
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    ap support ko filhaal use na krein blkay isay break kr dein ap,q k trading mein apko technical analysis ki zyada zrorat hoti hai is liay ap just skills hasil krein aur zyada se zyada invest krein ta k volume increase honay pe ap ko zyada se zyda profit gain ho
    Nasir

  10. #1452
    Highly Reputed Member batool has a reputation beyond repute batool has a reputation beyond repute batool has a reputation beyond repute batool has a reputation beyond repute batool has a reputation beyond repute batool has a reputation beyond repute batool has a reputation beyond repute batool has a reputation beyond repute batool has a reputation beyond repute batool has a reputation beyond repute batool has a reputation beyond repute batool's Avatar
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    Forex Trading market main Trader ko chhy k Trader Forex Trading market kay support aor resistance kay level ko thek tarah say point out karay aor Trader jb market ko thek analysis kar kay support aor resistance ko mallom kar lay ga aor Trader market ky movement ko smj kar Trading karay ga phr Trading successful hogy

    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.


  11. The Following 2 Users Say Thank You to batool For This Useful Post:

    incomejobs (2017-08-30), kanita (2017-08-30)

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