Support & Resistance :
- When the two prices meet, consolidation between support and resistance.
- Called support and resistance reversal happens.
- A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed.
- If the price falls below a support level, that level will become resistance. If the price rises above a resistance level, it will often become support.
- So you got the idea, trading is magic.
- Always keep in mind all scenarios.
- Sometimes just watch and don't gamble!
Happy Tr4Ding !
- When the two prices meet, consolidation between support and resistance.
- Called support and resistance reversal happens.
- A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed.
- If the price falls below a support level, that level will become resistance. If the price rises above a resistance level, it will often become support.
- So you got the idea, trading is magic.
- Always keep in mind all scenarios.
- Sometimes just watch and don't gamble!
Happy Tr4Ding !
Nota
simple scheme :Nota
Adding a far view to make everything more understandable :Trade chiuso: obiettivo raggiunto
Done
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.