Forex Zone - Forex Forum

Guidelines for Support and Resistance in General Forex Discussion_6825f0acc9f09

Guidelines for Support and Resistance

Discussion started on General Forex Discussion

VIP
  • Hero Member
  • Posts: 20752
  • Points: 2851
  • Likes Received: 660
  • Reputation: +4/-0
The way to determine stock support and resistance through this graphic pattern is done by looking at the difference between the upper limit and the lower limit, then measuring it. For example, in the double bottom pattern, this pattern provides an illustration of a reversal in price direction. But there is no guarantee that the price will reverse direction in the support and resistance areas.
#271 - September 18, 2023, 12:50:58 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In the world of trading, it is very important for you to learn about support and resistance because when you can learn about support and resistance it will be easy for you to carry out analysis.
#272 - September 19, 2023, 01:06:32 AM

VIP
  • Hero Member
  • Posts: 20752
  • Points: 2851
  • Likes Received: 660
  • Reputation: +4/-0
At a certain price level, traders will enter an overbought phase so they will try to take profit by selling off their assets which are now worth more than their purchase price. I think this is where support and resistance will form.
#273 - September 19, 2023, 01:09:52 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
What I understand here is that the use of support and resistance is very important, where these two tools are used to open positions in the lower or upper areas to open buy or sell positions, so focus our analysis on using support resistance only.
#274 - September 20, 2023, 12:40:03 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
You must be able to use resistance support properly, don't make the mistake of using resistance support because this is an important thing you have to do to analyze
#275 - September 21, 2023, 01:06:49 AM

Sponsored

Guidelines for Support and Resistance in General Forex Discussion_6803a6c52eb12
#276 - Today at 10:42:49 AM

VIP
  • Hero Member
  • Posts: 20752
  • Points: 2851
  • Likes Received: 660
  • Reputation: +4/-0
support and resistance are easy to see because they are just dots. However, using these two indicators is quite tricky for beginners. However, the analysis techniques to find out are quite easy to learn. You also need to understand support and resistance points considering the benefits are quite good.
#276 - September 21, 2023, 01:08:58 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I think when you use resistance support to trade it is very good because when you use resistance support, whatever you do will definitely have a serious impact on yourself and can be used to open positions appropriately.
#277 - September 22, 2023, 01:27:14 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
The use of support and resistance is highly recommended so that later when you use forex trading you must be obliged to learn these two tools
#278 - September 23, 2023, 06:31:45 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I really agree that the use of support resistance will have a big influence on our analysis system because when you analyze using support resistance you will easily see a clear trend direction.
#279 - September 24, 2023, 07:28:57 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
You must be sure to use support and resistance well because the use of support and resistance will be very important so that it can make you smart in overcoming all analysis problems, especially for making top and bottom lines.
#280 - September 25, 2023, 07:44:11 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
What I know here is that the use of support and resistance will definitely be really needed, but we will definitely make good use of it because only by using support and resistance we can be consistent because we know where it's going. Just wait for confirmation to open a position.
#281 - September 26, 2023, 07:39:33 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
For me, it is very important to use resistance support because when you can use resistance support well then you can get stable profits and get smart results for yourself.
#282 - September 28, 2023, 03:19:43 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
the importance of using support and resistance as a tool for trading as an area for Open Positions I always use support assistants to mark boundaries and Open positions well
#283 - September 29, 2023, 02:40:30 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
It is very important for you to use resistance support well because when you use assistant support well then your analysis will be easy to use and you will also get maximum results
#284 - September 30, 2023, 06:32:56 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
For me, it is important to use resistance support because when you use resistance support well, you can automatically master all the knowledge correctly and automatically you can use it easily.
#285 - October 01, 2023, 07:10:22 AM

Members:

0 Members and 1 Guest are viewing this topic.



Guidelines for Support and Resistance in General Forex Discussion_67f8365a73a8c