In this app you can learn about how to draw support and resistance any type of market. Basically you can type these support and Resistance for Forex Market, Stock market Or Futures Market. it will help you to understand supply and demand zone of financial market and stock market or any type of market.
You can learn the dynamic support resistance. And you will also learn good support & resistance areas for your help. this will help you to learn and improve your Support And Resistance Knowledge and you can easily grip support and Resistance as well. Support and Resistance are those level where Market turn it self and make huge profit. Support basically a Level which represent the buyers stand and give pull back to buy the market. and Resistance is the level where market Climax of buy trend and retrace from there you can learn a lot from this app and this app will help you to learn more about support and resistance its my just little effort to educate you to trade Forex market, Stock market, Futures market as well. it will help you so much.
In this app these options are available
Support and Resistance Introduction
Support and resistance details
Support and Resistance zones
Trend Line Support and Resistance
Channels Support and Resistance
How to Trade Support and Resistance?
So if you want to learn this online business for trade you must need download this app and help us to improve much for you with your suggestions.
Happy Trading :)
Support & Resistance
Support and Resistance are one the key Attributes of chart analysis, as it represents key juncture where the forces of supply and demand meet.
In simple economic terms when the demand of a given currency pair is higher the Prices are likely to increase, if this demand is not met by sellers
What is Resistance?
Resistance is when the prince stops going up. also supply coming in from this level. this is level where sellers are expected to enter the market for sell positions. and these support resistance level will help you to trade.
What is Support?
Support is the price level at which buyers are expected to enter the market and in other words you can say that is demand zone where demand increase prices this will prevent the price from falling further.
Trend lines or Channels
Technical analysis attempts to gauge the strength and direction of a trend, once the trend is in motion it will continue in that direction for some time. Once the trend is determined early, the trend can be followed and more profit can be made. by this trend line or channel.
The markets can only move in one of three ways;
Up, down or sideways. that's it. Prices however do not move in a straight line, they move by zig zag up down up down up down move so you will have an uptrend
A downtrend an a sideways movement.
These Trends are illustrated in the following chart.
Technical analysis one approach of attempting to determine the future price of a security or market.
Identification of key Support and Resistance levels is an essential ingredient to successful Technical analysis. If a security is approaching an important support level, it can serve as an alert to be extra vigilant in looking for signs of increased buying pressure and a potential reversal. if can act as an alert to look for signs of Increased selling Pressure and potential reversal. if a support or resistance level is broken, it signals that the relationship between supply and demand has changed and also change the behavior of market. with the support resistance change. A Support Resistance breakout is must. A Resistance Breakout means more Buyers means more demand.
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