alf44
2,025 posts
msg #38352
- Ignore alf44 |
10/6/2005 1:24:33 PM
carolynandjoel,
Glad I was able to help.
An afterthought that you may or may not be aware of wrt "Classic S/R Levels " is the "role reversal" that these levels tend to play AFTER they have been breached.
That is...a Resistance level on a chart...once penetrated...will tend to become Support underneath !
Conversely...a Support level on a chart...once breached...will tend to become Resistance overhead !
Good Luck,
alf44
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carolynandjoel
30 posts
msg #38359
- Ignore carolynandjoel |
10/6/2005 9:31:57 PM
alf44
Yes, thank you. I was aware of that attribut. I am fairly comfortable with what you have taught me is Classic S/R. I am not comfortable with Pivots, S1, R1, etc. Thank you again, Carolyn
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