User Tools

Site Tools


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.txt · Last modified: 2022/12/15 14:39 by peter

Donate Powered by PHP Valid HTML5 Valid CSS Driven by DokuWiki