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resistance becoming support? |
worsttrader
White Belt
Joined: 24 May 2008
Posts: 39
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Post: #1  Posted: Fri Mar 11, 2011 9:36 am Post subject: resistance becoming support? |
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| Resistance trendline seems to have become support. unless it is broken, shorting seems risky. |
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casper
Green Belt
Joined: 02 Oct 2010
Posts: 1315
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| Post: #2 Posted: Fri Mar 11, 2011 10:07 am Post subject: |
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hii sir,
always after breaking, a support turned to be resi and resi turned to be support, in such situation, going against the levels are always risky |
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