If the US Dollar trend has you confused, trade this well defined triangle pattern.
If the US Dollar trend has you confused, trade this well defined triangle pattern.
Visualize Price as Moving in a Room Between the Floor and the Ceiling
Visualize Price as Moving in a Room Between the Floor and the Ceiling
Student’s Question:I am still on not clear on how old support becomes new resistance or vice versa. Help!Instructor’s Response:Good question…Take a look at the chart of the EURUSD below… The gray line is a trendline showing support which has been in place since the middle of February.