Bullish Candlestick Bearish Candlestick [High] [High] | | +--------------+ +--------------+ | Close Price | | Open Price | | | | | | Real Body | | Real Body | | | | | | Open Price | | Close Price | +--------------+ +--------------+ | | [Low] [Low] Timeframes
Price bounces between horizontal boundaries of support and resistance. Supply and demand are in equilibrium. Trendlines and Channels trading technical analysis masterclass pdf
A fundamental rule of chart analysis is that broken support becomes future resistance, and broken resistance becomes future support. Bullish Candlestick Bearish Candlestick [High] [High] | |
Bullish Candlestick Bearish Candlestick [High] [High] | | +--------------+ +--------------+ | Close Price | | Open Price | | | | | | Real Body | | Real Body | | | | | | Open Price | | Close Price | +--------------+ +--------------+ | | [Low] [Low] Timeframes
Price bounces between horizontal boundaries of support and resistance. Supply and demand are in equilibrium. Trendlines and Channels
A fundamental rule of chart analysis is that broken support becomes future resistance, and broken resistance becomes future support.