AkhiPrajapati

How Strong Is The Zone ? Is your Resistance Zone is Strong ?

Education
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders,

How strong is the Zone- Just try the the understand with simple diagram that how strong is your resistance zone.

What is in the Above Diagram :-

1 Touch :- When price make high and reject from there and come down, This does not show that its Resistance zone.

2 Touchess :- When price hit same price area 2 time and reject from there then there is resistance. But its weak resistance may be break easily.

3 Touches :- Now when prices reject from same price area 3-4 time that means there is strong resistance zone.

Whenever price breaks the string resistance zone then there is breakout and price hit next resistance zone.
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