forex:price_action:support_and_resistance_levels
Differences
This shows you the differences between two versions of the page.
| Next revision | Previous revision | ||
| forex:price_action:support_and_resistance_levels [2022/12/15 11:34] – created peter | forex:price_action:support_and_resistance_levels [2022/12/15 14:39] (current) – peter | ||
|---|---|---|---|
| Line 1: | Line 1: | ||
| ====== Forex - Price Action - Support and Resistance Levels ====== | ====== Forex - Price Action - Support and Resistance Levels ====== | ||
| + | On uptrend, a small number of bars hit the Resistance level and bounce back down. | ||
| + | |||
| + | * There should be at least two touches on this level before defining it. | ||
| + | * The more horizontal and neater this level is – the better. | ||
| + | * So sell at or near this top. | ||
| + | |||
| + | On downtrend, buy at or near this top. | ||
| + | |||
| + | ---- | ||
| + | |||
| + | ===== Dynamic Support and Resistance ===== | ||
forex/price_action/support_and_resistance_levels.1671104083.txt.gz · Last modified: 2022/12/15 11:34 by peter