Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. Determine support & Resistance

Determine support & Resistance in Forex Education_67f83ac065b44

Determine support & Resistance

Discussion started on Forex Education

Print
Pages: 1 ... 31 32 [33] 34 35 ... 85   Go Down

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
support resistance is a complex science, but you really have to use this understanding well for analysis purposes and you have to be able to master it in line with other indicators
#481 - May 30, 2023, 01:16:47 PM

Yengoc

  • Hero Member
  • Posts: 7558
  • Points: 138
  • Likes Received: 25
  • Reputation: +0/-0
support Resistance will be very important if you know how to use the elements properly
#482 - May 31, 2023, 07:37:40 AM

Nettawa

  • Hero Member
  • Posts: 32214
  • Points: 670
  • Likes Received: 46
  • Reputation: +51/-45
using support resistance is something that does yield higher which you can use obligatoryly
#483 - June 01, 2023, 01:37:39 AM

Yengoc

  • Hero Member
  • Posts: 7558
  • Points: 138
  • Likes Received: 25
  • Reputation: +0/-0
You can try to use Support resistance which is even better faster
#484 - June 02, 2023, 05:50:45 AM

Kardel Sharpeye

  • Hero Member
  • Posts: 2167
  • Points: 2732
  • Likes Received: 3
  • Reputation: +0/-11
Determining support and resistance levels is crucial in the forex trading industry. Support is a price level where buying pressure exceeds selling pressure, preventing the price from falling further. Resistance is a price level where selling pressure exceeds buying pressure, preventing the price from rising further. Traders identify these levels using various tools, such as trendlines, horizontal lines, or technical indicators. Support and resistance act as reference points for entry and exit decisions, helping traders identify potential reversal or breakout opportunities. They provide valuable insights into market sentiment and help define risk and reward levels. Understanding support and resistance levels is essential for effective technical analysis and improving trading accuracy in the forex market.
#485 - June 02, 2023, 10:40:41 AM

Sponsored

Determine support & Resistance in Forex Education_6803a6c52eb12
#486 - Today at 11:32:37 PM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
the resistance support that I use starts from high and low periods of long candlesticks that are always like that, because in my opinion it is better to focus on forming candlesticks later to be used to install resistance support
#486 - June 02, 2023, 11:27:05 PM

Nettawa

  • Hero Member
  • Posts: 32214
  • Points: 670
  • Likes Received: 46
  • Reputation: +51/-45
the use of support resistance is your basis of reference in developing a good trading strategy and it will certainly be very important
#487 - June 03, 2023, 02:39:50 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
support Resistance must be mandatory to learn because and that's how we get the advantage for Open positions
#488 - June 04, 2023, 03:01:16 AM

Yengoc

  • Hero Member
  • Posts: 7558
  • Points: 138
  • Likes Received: 25
  • Reputation: +0/-0
One of the reasons why I can be consistent is to use the most important resistance support
#489 - June 05, 2023, 03:04:07 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
if you use good support resistance then everything becomes more expert in analysis
#490 - June 06, 2023, 03:11:56 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
You use resistance support is very important for our lives to be more meaningful
#491 - June 07, 2023, 03:01:55 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
try using simple support resistance and you can get what you ask for
#492 - June 07, 2023, 08:36:30 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
the use of support Resistance is very important and therefore we must plan to use a better method
#493 - June 10, 2023, 06:48:59 AM

Yengoc

  • Hero Member
  • Posts: 7558
  • Points: 138
  • Likes Received: 25
  • Reputation: +0/-0
what you have to understand or use is support resistance, it must be clear what its function is because this will be very good
#494 - June 11, 2023, 01:55:21 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Learn to use support and resistance as this will allow you to become more adept at marking significant areas.
#495 - June 12, 2023, 08:53:02 AM
Print
Pages: 1 ... 31 32 [33] 34 35 ... 85   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. Determine support & Resistance

Members:

0 Members and 1 Guest are viewing this topic.


Determine support & Resistance in Forex Education_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity:


Kraken Crypto Trading