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Work At Home Free Classifieds => Post Your Income Opportunities Here => Topic started by: jongs on July 06, 2013, 09:20:19 AM

Title: How to identify support and resistance
Post by: jongs on July 06, 2013, 09:20:19 AM

Support and Resistance are the key turning points in the market, areas or specific price levels where price does the ‘stop and reverse’ action, creating new swing lows or swing highs or re-testing existing ones. The more often price does this stop and reverse action at a specific level, the ‘stronger’ or more’ significant’ that particular S/R level becomes.