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forex:price_action:support_and_resistance_levels

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forex:price_action:support_and_resistance_levels [2022/12/15 13:57] โ€“ peterforex:price_action:support_and_resistance_levels [2022/12/15 14:39] (current) โ€“ peter
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 ====== Forex - Price Action - Support and Resistance Levels ====== ====== Forex - Price Action - Support and Resistance Levels ======
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-===== Dynamic Support and Resistance ===== 
- 
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 On uptrend, a small number of bars hit the Resistance level and bounce back down. 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 โ€“ the better. 
   * So sell at or near this top.   * So sell at or near this top.
  
 On downtrend, buy at or near this top. On downtrend, buy at or near this top.
 +
 +----
 +
 +===== Dynamic Support and Resistance =====
forex/price_action/support_and_resistance_levels.1671112673.txt.gz ยท Last modified: 2022/12/15 13:57 by peter

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