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FXSJGOLD

SUPPORT & RESISTANCE + BREAKOUTS

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Trend Analysis Chart Patterns Beyond Technical Analysis support resistances supportbreakout supportandresistancezones support-and-resistance priceaction resistancebroken support_level breakout
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trendanalysis chartpattern beyondta support resistances supportbreakout supportandresistancezones support-and-resistance priceaction resistancebroken support_level breakout
Price moves within support & resistance. Once price breaks out of support/resistance, it will lead to movement within the next support & resistance zones. Usually a retest occurs before moving within the next area, which can be considered as a good level for entry ( unless its a fake breakout).
When price breaks through support, it then becomes resistance - in the same way; if price breaks resistance it then becomes a support zone.
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