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forex:price_action:support_and_resistance_levels [2022/12/15 11:57] peterforex:price_action:support_and_resistance_levels [2022/12/15 14:39] (current) peter
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 ====== Forex - Price Action - Support and Resistance Levels ====== ====== Forex - Price Action - Support and Resistance Levels ======
  
-===== Dynamic Support and Resistance =====+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.
  
 ---- ----
  
-On uptrend, a small number of bars hit the Resistance level and bounce back down.+===== Dynamic Support and Resistance =====
forex/price_action/support_and_resistance_levels.1671105456.txt.gz · Last modified: 2022/12/15 11:57 by peter

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