Ceetrader7
New Member
Flat Channel Resistance and support do not change So you will buy at short and sell at resistance until a break out is made Example of Flat channel
When a break out happens for example when resistance breaks the old resistance will become our new support when support breaks out the old support becomes our new resistance
Raising Channel Example
Example
Buy at support and sell at resistance when a breaks occurs on a raising channel the market will form a retracement back lower of the market
When a break out happens for example when resistance breaks the old resistance will become our new support when support breaks out the old support becomes our new resistance
Raising Channel Example
Example
Buy at support and sell at resistance when a breaks occurs on a raising channel the market will form a retracement back lower of the market