Support and Resistance Levels ||Support and Resistance Basics || Psychology of support and resistance zone
in this video you will learn about Support and resistance levels these levels are price levels where the price of an asset is likely to stop or change direction. Support levels are like price floors, while resistance levels are like price ceilings.
Support' and 'resistance' are terms for two respective levels on a price chart in forex that appear to limit the market's range of movement during trading. The support level is where the price regularly stops falling and bounces back up or retracement or retest, while the resistance level is where the price normally stops rising and dips back down or fall down.
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