Nevhulaudzi rudzani
Member
Here’s the thing:
You don’t go short just because the price is at Resistance.
Why?
Because how the price approaches Resistance matters a lot.
For example, if you see higher lows coming into Resistance, it’s a sign of strength.
It tells you the buyers are willing to buy at higher prices and the sellers are unable to push price lower (than it did previously).
You don’t go short just because the price is at Resistance.
Why?
Because how the price approaches Resistance matters a lot.
For example, if you see higher lows coming into Resistance, it’s a sign of strength.
It tells you the buyers are willing to buy at higher prices and the sellers are unable to push price lower (than it did previously).