support and resistance

How to DRAW Support and Resistance in Mobile Phone

Hey guys, In this video we will show you How to draw Support and Resistance manually into your trading platform.

MUST WATCH: HOW TO DRAW SUPPORT AND RESISTANCE AUTOMATICALLY


What are Support and Resistance?

A support level is a level where the price tends to find support as it falls. This means the price is more likely to “bounce” off this level rather than break through it. However, once the price has breached this level, by an amount exceeding some noise, it is likely to continue falling until meeting another support level.

A resistance level is the opposite of a support level. It is where the price tends to find resistance as it rises. This means the price is more likely to “bounce” off this level rather than break through it. However, once the price has breached this level, by an amount exceeding some noise, it is likely to continue rising until meeting another resistance level.

FINAL WORDS

FXFOREVER aim is to make each and everyone a Real Profitable Forex Trader. That is why we are not charging a single penny for it and providing you free Forex Training on a Professional Level.

If you have any questions, feedbacks or suggestions please let us know. We love to reply our students. Also, join our Lifetime Free WhatsApp group for the instant answers of your questions.

Leave a Reply

Be the First to Comment!

Notify of
avatar
wpDiscuz