What are the support and resistance levels in forex trading?

eonefx

New member
Support and resistance levels are price areas where the market historically pauses, reverses, or consolidates due to concentrated buying or selling activity.
Support represents a price level where demand tends to prevent further decline. Resistance represents a price level where supply tends to cap further upside.

Support and resistance levels reflect collective trader behavior, institutional positioning, and liquidity concentration. These levels remain relevant across all timeframes, from intraday scalping to long-term position trading.
 

Đính kèm

  • Support and Resistance Levels in Forex Trading.jpg
    Support and Resistance Levels in Forex Trading.jpg
    201 KB · Lượt xem: 0
Top