Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated:
1
00:00:14,900 --> 00:00:15,620
Hello, guys.
2
00:00:15,980 --> 00:00:17,600
You're welcome to this video.
3
00:00:18,710 --> 00:00:24,140
So in a previous video we discussed about how to draw support and resistance.
4
00:00:24,850 --> 00:00:25,160
Okay.
5
00:00:25,670 --> 00:00:32,450
Well, right now in this video, we will be talking about risk of support area.
6
00:00:33,290 --> 00:00:33,640
Okay.
7
00:00:34,160 --> 00:00:45,140
Support areas prevents price from going lower and price goes to support if it slows down.
8
00:00:46,100 --> 00:00:46,510
Okay.
9
00:00:46,700 --> 00:00:49,060
Reverses all bread.
10
00:00:49,080 --> 00:00:49,580
Treat.
11
00:00:50,810 --> 00:00:51,170
Okay.
12
00:00:52,460 --> 00:01:01,310
When price breaks through its upwards zone or area, that area bonds to resistance.
13
00:01:02,120 --> 00:01:03,140
Let me say it again.
14
00:01:03,530 --> 00:01:13,670
When price breaks through a support area, that support area pass through, it turns into a resistance
15
00:01:14,870 --> 00:01:17,990
when price breaks in support area.
16
00:01:19,800 --> 00:01:23,850
That support area turns into a resistance.
17
00:01:24,090 --> 00:01:24,480
Okay.
18
00:01:24,870 --> 00:01:27,630
So looking at the diagram I drew.
19
00:01:29,930 --> 00:01:30,320
Here.
20
00:01:30,920 --> 00:01:37,150
You see, that's the line above the prize.
21
00:01:38,870 --> 00:01:39,800
Is the resistance.
22
00:01:40,130 --> 00:01:41,540
This is the reason we are here.
23
00:01:42,050 --> 00:01:43,460
This is the support area here.
24
00:01:43,880 --> 00:01:44,180
Okay.
25
00:01:44,810 --> 00:01:49,490
While this is moving, we deem the support an adjustment area.
26
00:01:50,660 --> 00:01:58,040
And all of a sudden price broke through this support area immediately, presumably through the support
27
00:01:58,040 --> 00:01:58,400
area.
28
00:02:00,530 --> 00:02:06,590
If price comes there to test is going to retest as a resistance whilst price breadth through the support
29
00:02:06,590 --> 00:02:10,490
area is going to retest as resistance.
30
00:02:10,880 --> 00:02:11,240
Okay.
31
00:02:11,900 --> 00:02:13,640
I hope you guys understand what I'm saying.
32
00:02:14,330 --> 00:02:21,950
Once a support area is broken, does support area is no longer support is called resistance.
33
00:02:22,280 --> 00:02:22,640
Okay.
34
00:02:22,970 --> 00:02:25,790
So let's go to the Forex charts.
35
00:02:26,390 --> 00:02:34,190
Let me show you an example of a support area, price breaking and support area.
36
00:02:35,180 --> 00:02:35,510
Okay.
37
00:02:38,670 --> 00:02:42,960
So we are on GBP aid for our chat.
38
00:02:43,590 --> 00:02:46,920
I've already marked out the distant as support areas.
39
00:02:48,180 --> 00:02:49,200
Of the easier for us.
40
00:02:49,250 --> 00:02:55,170
Look, the line above is reduced and area resistant areas.
41
00:02:56,410 --> 00:02:58,660
I always remember what I told you.
42
00:02:58,990 --> 00:03:06,490
I told you that the distant areas are like the ceiling that prevents fries from going higher while the
43
00:03:06,490 --> 00:03:09,100
support areas are like.
44
00:03:11,140 --> 00:03:13,740
Support is supposed fries from going lower.
45
00:03:14,250 --> 00:03:14,600
Okay.
46
00:03:14,870 --> 00:03:16,460
They prevent fries from being lower.
47
00:03:17,510 --> 00:03:20,480
But sometimes you support areas already.
48
00:03:20,480 --> 00:03:22,790
Towns areas gets broken.
49
00:03:24,380 --> 00:03:31,710
So once price breaks through the support area, you can see on this chart, once fries break through
50
00:03:31,760 --> 00:03:36,080
the support area, that support area goes into a resistance.
51
00:03:36,560 --> 00:03:44,060
If fries is coming on that area to test again, it is going to test it as a resistance, not as a support.
52
00:03:44,930 --> 00:03:45,290
Okay.
53
00:03:45,710 --> 00:03:48,950
Example, we find out that price broke the support area here.
54
00:03:50,250 --> 00:03:52,910
Brooke Shields came down to this place.
55
00:03:53,630 --> 00:03:54,080
Okay.
56
00:03:55,030 --> 00:03:58,900
Retested it went back to the test that area as a resistance.
57
00:04:00,570 --> 00:04:00,940
Okay.
58
00:04:00,990 --> 00:04:04,440
Because the line is now above the price.
59
00:04:04,950 --> 00:04:07,230
The line is not above the price.
60
00:04:07,240 --> 00:04:09,300
The area is now above the price.
61
00:04:09,620 --> 00:04:10,710
And remember what I told you.
62
00:04:10,930 --> 00:04:12,900
There just aren't areas above.
63
00:04:13,140 --> 00:04:14,880
They prevent price from going up.
64
00:04:15,090 --> 00:04:20,320
So once price support area, that support area is now above the price.
65
00:04:20,820 --> 00:04:21,070
Okay.
66
00:04:21,300 --> 00:04:22,950
Once price is going up.
67
00:04:23,130 --> 00:04:29,490
If it goes against the previously broken support area, it is going to test it as a resistance.
68
00:04:30,150 --> 00:04:30,480
Okay.
69
00:04:31,380 --> 00:04:33,330
So let me show you another example.
70
00:04:34,410 --> 00:04:34,770
Okay.
71
00:04:34,800 --> 00:04:38,910
This is another example on GDP, CHF for our charts.
72
00:04:39,540 --> 00:04:39,930
Okay.
73
00:04:40,620 --> 00:04:44,670
I've heard it's a bit easier for us to find our price.
74
00:04:44,790 --> 00:04:45,930
This is the resistance area.
75
00:04:46,530 --> 00:04:49,020
The price is above the line, above this area.
76
00:04:49,950 --> 00:04:56,520
The line below is the support area and find out price was moving within these resistance and support
77
00:04:56,520 --> 00:04:57,000
areas.
78
00:04:57,660 --> 00:05:03,050
But all of a sudden price broke through the support areas close above the support areas.
79
00:05:03,750 --> 00:05:09,900
Decent price redressed, bucked resistance in this instance, back to that support, which is now resistance.
80
00:05:10,410 --> 00:05:13,500
It tested as in resistance and started going down.
81
00:05:13,920 --> 00:05:14,220
Okay.
82
00:05:14,910 --> 00:05:22,800
So what I'm trying to say is whenever price breaks is support area, that area goes into just an area.
83
00:05:23,820 --> 00:05:24,090
Okay.
84
00:05:24,420 --> 00:05:31,230
So in our previous next video, we'll be talking about price breaking resistance area.
85
00:05:31,530 --> 00:05:31,830
Okay.
86
00:05:32,340 --> 00:05:35,310
So I'll see you guys in that video.
87
00:05:35,400 --> 00:05:35,640
Okay.
88
00:05:35,970 --> 00:05:43,170
So please watch this video over over again to understand what I mean once price breaks through this
89
00:05:43,170 --> 00:05:44,040
support area.
90
00:05:45,380 --> 00:05:47,690
It best eat as a resistant area.
91
00:05:48,110 --> 00:05:48,500
Okay.
92
00:05:49,490 --> 00:05:51,080
Thank you guys for watching this video.
93
00:05:51,710 --> 00:05:52,400
Our senior.
7271
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.
Afrikaans
Akan
Albanian
Amharic
Arabic
Armenian
Azerbaijani
Basque
Belarusian
Bemba
Bengali
Bihari
Bosnian
Breton
Bulgarian
Cambodian
Catalan
Cebuano
Cherokee
Chichewa
Chinese (Simplified)
Chinese (Traditional)
Corsican
Croatian
Czech
Danish
Dutch
English
Esperanto
Estonian
Faroese
Finnish
Galician
Georgian
German
Greek
Guarani
Haitian Creole
Hausa
Hawaiian
Hebrew
Hmong
Hungarian
Icelandic
Indonesian
Irish
Italian
Japanese
Kazakh
Kinyarwanda
Kirundi
Kongo
Korean
Krio (Sierra Leone)
Kurdish
Kyrgyz
Laothian
Latin
Latvian
Lithuanian
Luganda
Luo
Luxembourgish
Macedonian
Malagasy
Malay
Maltese
Maori
Mauritian Creole
Moldavian
Mongolian
Myanmar (Burmese)
Montenegrin
Nepali
Norwegian
Pashto
Persian
Polish
Portuguese (Brazil)
Portuguese (Portugal)
Quechua
Romanian
Romansh
Russian
Samoan
Scots Gaelic
Serbian
Sesotho
Setswana
Seychellois Creole
Shona
Sindhi
Sinhalese
Slovak
Slovenian
Somali
Spanish
Swedish
Tajik
Thai
Tigrinya
Tonga
Turkish
Turkmen
Ukrainian
Uzbek
Vietnamese
Welsh
Wolof