SUPPORT - RESISTANCE

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Let's first look at an image that describes what is support and what resistance to a "move" price.

SUPPORT is the level at which buyers rebut the downward movement of prices (overcoming the vendors who previously created it).
RESTITUTION is the level at which sellers override the upward movement of prices (overcoming buyers who created it).
The concept of support-resist is a degree of technical analysis? along with the tension, all the classical diagrams (bottom-tops-channel-heads, triangles, etc.) are based on the resistance levels of the resistors. , let's look at an example of simple support in an 'upward tension line' in bar chart-note that the stress line is also support.

the above is a b-simple approach and the need for assessment for these levels is obvious, so we have
b ???? ??????? support b ???? we have resistance when horizontal alignment joins two equidistant (or almost equidistant) vertices β ???? bottom respectively
Let's see a graphic representation to MIT4 (Trading Platform) VARIANT SUPPORT AND RESISTANCE

The line defined by points 2-4 is a possible b ???? valid resistor ???? and the one defined by points 1-3 a possible b ???? valid support ???? (Confirmed res & sup).
CHANGE OF POLICY BETWEEN SUPPORT AND RESTRICTIONS

Important note!
One thing to keep in mind is that support and resistance levels are not exact points. You will often see a level of support or resistance that appears to be "broken", but you may soon find that the market is just trying it out. With candle charts, these "tests" of support and resistance are usually represented by the "shadows" of the candles.

 

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SUPPORT - RESISTANCE (important article).

Breakdown of resistance and conversion from downward to uplift.

Breakdown of support and conversion from upward to downward pressure.

 

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Answer: SUPPORT - RESISTANCE

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