SUPPORT AND RESISTANCE AS A BUY AT THE RIGHT TIME
support resistance
-Support: Is a price which is usually not lower, to avoid losing money, it is importantto buy near the stands.
-Resistance: It is the highest peak that reaches the value.
To earn money, it is important to buy near the stands and sell near the heating elements.
Support is a price level that will stop the fall of the quote and it bounces back upward.
The market, understood as the will of millions of investors, considered to be a price level very low, therefore investors rush to purchase and make the price goes up.
Resistance is a price level that stops the rise of the quote and it bounces down. Themarket believes that it is a very high level of prices, for what when the price reachesthat value, sales soar and price goes down.
What do you serve?
Understand the concepts of supports and resistances can help us to earn money onFOREX and stock exchange. The support and resistance are used to indicate areas ofinput and output positions.
They mark one of the psychological aspects of the market: a bracket is interpreted as a relatively cheap level and resistance as a relatively expensive level.
A support within an uptrend should serve to accumulate positions.
Resistance within a downtrend as the level of sales.
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