What is Support and Resistance in forex trading

What is Support and Resistance in forex trading

What is Support and Resistance in forex trading

INTRODUCTION: Dear friends Support aur Resistance forex trading mai ek aham mawad hai jo forex market mein istemal hota hai. Yeh do mukhtalif concepts hain jo traders ko market analysis mein madadgar hotay hain. 1. Support : Support aik price level hota hai jahan par traders mein se ziada log buy orders place karte hain. Jab price is level tak aati hai, toh yeh level support provide karta hai aur price ko neeche girne se rokta hai. Support level market mein ek tarah ka safety net hota hai jahan par traders expect karte hain ke price neeche nahi jayegi. Agar price support level ke neeche jaati hai, toh ye ek bearish signal ho sakta hai. 2. Resistance : Resistance ek price level hota hai jahan par traders mein se ziada log sell orders place karte hain. Jab price is level tak aati hai, toh yeh level resistance provide karta hai aur price ko upar jane se rokta hai. Resistance level market mein ek tarah ka ceiling hota hai jahan par traders expect karte hain ke price upar nahi jayegi. Agar price resistance level ko paar karti hai, toh ye ek bullish signal ho sakta hai. Trading On Support And Resistance:

Dear forex member Support aur resistance levels traders ko market trends aur price movements samajhne mein madadgar hote hain. Traders in levels ko chart analysis ke doran istemal karte hain taake woh entry aur exit points tay kar sakein. Yeh levels market psychology aur supply-demand dynamics ko reflect karte hain. Lekin yaad rahe ke market kabhi bhi unpredictable ho sakta hai aur support aur resistance levels kabhi bhi toot sakte hain, is liye risk management bhi bohat ahem hai forex trading mein.