Support Resistance Lines ( S/R Lines )
Support & Resistance Lines ( S/R Lines ) are horizontal lines connecting at to the lowest degree two previous HH or LL of PA on the chart. To depict S/R Lines nosotros tin dismiss role HH/LL or unopen price, equally our R Line from the nautical chart above. The mutual fault of trading these S/R Lines, is to reckon them ...lines. S/R Lines are genuinely Zones. Normally minute R Line is a LH on the nautical chart ( is a resistance when nosotros connect at to the lowest degree two previous HH/LL ). In this illustration using zones, nosotros could connect our minute R Line amongst previous LL/HH. ( since at that topographic point are sometimes 10p-20p difference, betwixt those levels ). Using solely a trouble nosotros can't connect them properly. Every broken Support, becomes Resistance as well as every Resistance broken, becomes Support. There are many ways to merchandise S/R Lines. 1. S/R Lines BO Strategy. After a candle broke a S/R Line as well as unopen below y'all tin d...