- 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 !
コメント
simple scheme :
コメント
Adding a far view to make everything more understandable :