You’ve probably heard the terms “support” and “resistance.” Common technical analysis terms, they are price points on a chart that can help determine when a move will pause, or even stop and reverse.
In our article, The Forces of Supply and Demand, we saw what a large impact these forces can have on prices in the Forex market. This is a strong and important relationship it may be difficult to ...
Traders and analysts chart the movements of stock prices over time to pinpoint the support levels and resistance levels that indicate optimal times to buy and sell. Support and resistance are two ...
Support and resistance are two of the most important concepts in technical analysis. They are used to identify potential trading opportunities and to manage risk. What is support? Support is a price ...
Key Takeaways Support and resistance trading is not about drawing arbitrary lines on a chart. It is about identifying where the market has shown strong reactions in the past, then using that ...