Warning: Creating default object from empty value in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/plugins/independent-core/admin/ReduxCore/inc/class.redux_filesystem.php on line 29 Support and Resistance – Fincyclopedia
[wpdreams_ajaxsearchpro id=44 ]
  • Monday, April 28, 2025
  • The Financial Encyclopedia
[wpdreams_ajaxsearchpro id=43 ]

Technical Analysis

  Technical Analysis   |   Tutorial
  • 707
  • April 29, 2022
[addtoany]
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/template-parts/post/content-single.php on line 41

Support and Resistance

The following two figures show an uptrend and downtrend, respectively. Figure (1) shows rising support and resistance levels in an uptrend. Points B and D are support levels, marked by previous troughs, while points A and B are resistance levels, marked by previous peaks.

Support and Resistance

In figure (2) points B and D are resistance levels, while points A and B are support levels, in a downtrend.

Support and Resistance

[related_posts_by_tax title="See also" posts_per_page="10" taxonomies="post_tag"]

[pt_view id=4b2e1d8ijt]
[su_box title="Watch on Youtube" style="soft" box_color="#f5f5f5" title_color="#282828" radius="2" class="" id=""][su_row class=""][su_column size="1/1" center="yes" class=""] [/su_column][/su_row][/su_box]

Latest Tutorials

      Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

      Comments

        Leave Your Comment

        Your email address will not be published.*