free & uncensored discussion arena for TheRumpledOne
lukx wrote:Thanks Deieslbou, good luck with your trading!
PTG, can we say that Demand=Support, Supply=Resistance ?
Yes, but with a different idea behind it. What appears to be support and resistance are simply created because of the imbalance between buyers and sellers. When there are no more buyers left, price MUST come down and likewise with sellers.
lukx wrote:and explanation what I saw:
Where is your support area ?
You will see price go from one to the other area.