SUPPORT AND RESISTANCE BASICS

Categories: Fx Strategy
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About Course

In Forex, support and resistance are key concepts, both referring to price zones where it is hard for the price to break through and move beyond.

In this course, in addition to giving you an introduction to Japanese candlesticks as the best method of visually displaying and interpreting forex price movements, we will explain how traders identify support and resistance zones in order to:

What Will You Learn?

  • See likely “cheap” and “expensive” prices for a time period.
  • Use forex support and resistance to determine stop loss placement.
  • Determine where to go “short” or “long”.
  • Identify high reward, low risk trade opportunities.

Course Content

SUPPORT AND RESISTANCE BASICS
In Forex, support and resistance are key concepts, both referring to price zones where it is hard for the price to break through and move beyond. In this course, in addition to giving you an introduction to Japanese candlesticks as the best method of visually displaying and interpreting forex price movements, we will explain how traders identify support and resistance zones in order to:

  • SUPPORT AND RESISTANCE BASICS
    00:12

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Nathaniel Tunde Forex (NTFX) Trading Academy is established by Nathaniel Tunde Ikusemoro to contribute my quota towards instituting objective approach to market analysis and correcting all misrepresentations of trading concepts.

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