1. Uptrend line broken 2. Horizontal Resistance 3. Moving towards horizontal support
Retracement to previous resistance turns support
Retracement to Previous Support & EMA 200 Support Line
Moving Horizontally from support to resistance, resistance to support
Resistance turns support, moving to the next resistance
1. Short Sell at Resistance Zone to next Support Zone
Trendline Resistance turns Support Moving from One Support to Next Resistance Zone
Watch how market reacts to the resistance zone
1. Horizontal Resistance Zone 2. Wick Rejections 3. Good Risk-Reward Ratio 4. Look for Bearish Reversal Candlestick Pattern
1. Horizontal Resistance Zone 2. Wick Rejections 3. Good Risk-Reward Ratio 4. Look for Bearish Reversal Candlestick Pattern
1. Major Resistance on Daily 2. Bearish Candlestick Pattern 3. Perfect Risk-Reward Ratio