|
Re: Intrinsic Reasons for Support and Resistance changing roles
Now my conclusion on why support become Resistance and vise versa.
Using my pic as an example, to break that R level, it takes a lot of $$$$, commitment , and your job on the line. Once those pro traders able to push higher, they sure will defend their profit when it is challenged again, because they would want to get that bonus at end of each month.
weiwei
|