Hello Traders,
How strong is the Zone- Just try the the understand with simple diagram that how strong is your resistance zone.
What is in the Above Diagram :-
1 Touch :- When price make high and reject from there and come down, This does not show that its Resistance zone.
2 Touchess :- When price hit same price area 2 time and reject from there then there is resistance. But its weak resistance may be break easily.
3 Touches :- Now when prices reject from same price area 3-4 time that means there is strong resistance zone.
Whenever price breaks the string resistance zone then there is breakout and price hit next resistance zone.
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All the best Traders
How strong is the Zone- Just try the the understand with simple diagram that how strong is your resistance zone.
What is in the Above Diagram :-
1 Touch :- When price make high and reject from there and come down, This does not show that its Resistance zone.
2 Touchess :- When price hit same price area 2 time and reject from there then there is resistance. But its weak resistance may be break easily.
3 Touches :- Now when prices reject from same price area 3-4 time that means there is strong resistance zone.
Whenever price breaks the string resistance zone then there is breakout and price hit next resistance zone.
-------------------------------------------------------
-------------------------------------------------------
If you like this educational post then smash like button and follow us for upcoming updates.
All the best Traders
