Old Support New Resistance

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Old Support Becomes New Resistance - DailyFX

    https://www.dailyfx.com/forex/education/trading_tips/post_of_the_day/2011/05/23/Old_Support_Becomes_New_Resistance.html
    Now, after the red candle closed below old support (noted on the chart), price action comes back up to test the former support line (blue spinning top candle) which now represents new resistance ...Author: Richard Krivo

Support and Resistance Reversals - Investopedia

    https://www.investopedia.com/articles/trading/06/supportresistancereversal.asp
    Learn about support and resistance and discover how these influential price levels can switch roles through reversals. ... unless they saw XOM fall below the new support of $65, in which case they ...

Cryptocurrency Charts: Ethereum & Ripple, Old Support ...

    https://www.dailyfx.com/forex/technical/article/special_report/2018/03/12/Cryptocurrency-Charts-Ethereum-Ripple-Old-Support-Becomes-New-Resistance.html
    Old support, new resistance on the Ripple chart. Ripple (XRP/USD), like Ethereum, also broke significant support last week. The 85/87-cent zone has been in play since it first became resistance ...

Price Flip: Old Support / New Resistance Strategy

    https://www.forexschoolonline.com/first-test-support-resistance-price-action-trading-strategy/
    Price Flip: Old Support / New Resistance Strategy. The First Test Support/First Test Resistance or FTS/FTR is a super powerful trading strategy to get price …

How To Trade Based on Support and Resistance Levels

    https://www.thebalance.com/how-to-trade-based-on-support-and-resistance-levels-4043477
    Nov 20, 2019 · How To Trade Based on Support and Resistance Levels How to Use Support and Resistance to Make Better Trading Decisions . ... There is also a concept that old support can become new resistance or vice versa. ... Keep drawing the new support and resistance areas, and delete support and resistance lines that are no longer relevant because the ...

Why does previous support become resistance and vice versa ...

    https://www.forexfactory.com/showthread.php?t=225485
    May 27, 2011 · If every Pro passes the concept to the next set of newbies that when support is breached it becomes resistance and when resistance is breached it be comes support. These newbies which would be pro someday will also pass this principle to the next generation so that at such points. We all tend to react to resistance and support.

Ethereum & Ripple, Old Support Becomes New Resistance ...

    https://dailycryptotimes.com/2018/03/ethereum-ripple-old-support-becomes-new-resistance/
    [ December 3, 2019 ] Why Blockchain Is The Future of Commodity Pricing Blockchain [ December 3, 2019 ] Tulsi Gabbard Fans Dance on Kamala Harris Campaign’s Grave Bitcoin [ December 3, 2019 ] Ethereum Express Launches Two Pilot Projects Spanning Over 48,000 Users » …

This Technique Reveals The Price Moves that Matter - And ...

    https://powerprofittrades.com/2016/01/this-technique-reveals-the-price-moves-that-matter-and-how-to-cash-in-on-them/
    Jan 28, 2016 · Two situations that occur are either Old Resistance becomes New Support on breakouts or Old Support becomes New Resistance on breakdowns. You can usually anticipate the next target price for the stock being the range from which it broke, e.g. if the range between support and resistance is 5 points, expect a 5 point move out of that range.

Ethereum & Ripple, Old Support Becomes New Resistance ...

    http://marketcoinnews.com/2018/03/ethereum-ripple-old-support-becomes-new-resistance/
    Mar 12, 2018 · Old support, new resistance on the Ripple chart. Ripple (XRP/USD), like Ethereum, also broke significant support last week. The 85/87-cent zone has been in play since it first became resistance back in December. The break and generally weak trend have the cryptocurrency’s path of least resistance still pointed lower.



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