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7 Interesting Facts About Support And Resistance Levels

#6: Roles Change/Reversal

This is when a previous support level becomes a resistance levels and a previous resistance level becomes are support level.

support and resistance levels can reverse roles

The support turned resistance and resistance turned support forex trading strategy is built around this concept.

When a major support or resistance levels get broken and price moves away from it, don’t be fooled…

One day, price may head back to the broken level and guess what will happen?

Roles may reverse so it is not truly over yet so don’t forget that.

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4 thoughts on “7 Interesting Facts About Support And Resistance Levels”

  1. Thx RKay for all information u r giving for free in here, I hope u receive much reward for ur informative nice action, God bless u. I am a new trader, learned to trade good enough not to loose and make some profit. I use ur website for learning and ideas. just wanted to thank you.

  2. It is confirmed views that support & resistance should be visible on the chart. You have given a download link for MT4 . I use amibroker & it works on AFL format Can you please convert MT4 into AFL.
    Presently, I use demand-supply AFL.
    Pl see if this could be possible if so pl send link to my email.

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