Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated:
1
00:00:20,530 --> 00:00:21,310
Hello, guys.
2
00:00:22,360 --> 00:00:23,980
You're welcome to this video.
3
00:00:24,850 --> 00:00:32,230
So in our previous video, we discussed about support and resistance on an option to market.
4
00:00:33,580 --> 00:00:44,200
We said that the higher hi users you stand on, the high low use the support in an alternative market.
5
00:00:45,040 --> 00:00:50,950
We said that the higher high is resistance and the high low when you support and option your market.
6
00:00:51,610 --> 00:00:59,710
So right now in this video, we will be talking about support and resistance in a downtrend in markets.
7
00:01:01,180 --> 00:01:07,360
And this video we're talking about, support and resistance in a downtrend in markets, in price, makes
8
00:01:07,360 --> 00:01:11,080
a swing downwards, creating the lower low.
9
00:01:12,160 --> 00:01:18,850
The lowest point does the price reached before pulling back is the support.
10
00:01:20,050 --> 00:01:28,480
And when price pulls back in a downtrend, the highest point it reached before going in the direction
11
00:01:28,480 --> 00:01:30,880
of the trend is the resistance.
12
00:01:31,930 --> 00:01:32,770
Let me come again.
13
00:01:33,970 --> 00:01:42,520
When price makes a swing downward scrutiny low value, the lowest point does it's reached before pulling
14
00:01:42,520 --> 00:01:44,320
back is the support.
15
00:01:46,270 --> 00:01:50,050
And when prize pulls back in a downtrend.
16
00:01:50,830 --> 00:01:56,680
The highest point it reached before going in direction of the trend is the resistance.
17
00:01:57,670 --> 00:02:03,310
What I'm trying to say is that in a downtrend in markets, the low high.
18
00:02:04,490 --> 00:02:05,510
Is resistance.
19
00:02:05,810 --> 00:02:14,900
While the low value hedges support the downtrend in markets, the lower high is resistance, while the
20
00:02:14,900 --> 00:02:17,300
low low is the supports.
21
00:02:17,870 --> 00:02:26,960
Okay, so on the screen, these a diagram I drew here on the screen, a diagram of a market creating
22
00:02:27,260 --> 00:02:31,190
a lower, high and a low value market.
23
00:02:31,190 --> 00:02:32,180
I seen a downtrend.
24
00:02:32,480 --> 00:02:32,730
Okay.
25
00:02:34,050 --> 00:02:43,890
You find that the market is falling down, it's creating lower lows and lower house values and lower
26
00:02:43,890 --> 00:02:51,250
house values and lower house values and lower house values and lower highs.
27
00:02:51,290 --> 00:02:53,460
House values and highs.
28
00:02:53,550 --> 00:02:53,880
Okay.
29
00:02:54,750 --> 00:02:57,870
The lower house here is resistance.
30
00:02:58,680 --> 00:02:59,610
You lower highs.
31
00:02:59,620 --> 00:03:00,930
Here is resistance.
32
00:03:01,410 --> 00:03:02,520
While the lower low.
33
00:03:02,730 --> 00:03:03,900
Here it is upwards.
34
00:03:04,380 --> 00:03:04,700
Okay.
35
00:03:06,470 --> 00:03:15,690
The market came down, broke this support came down, formed a new lovullo, which is automatically
36
00:03:15,690 --> 00:03:16,580
a new support.
37
00:03:17,170 --> 00:03:25,530
Okay, now the market pulls back to the area of the previously broken supports to test as resistance.
38
00:03:26,400 --> 00:03:26,790
Okay.
39
00:03:27,300 --> 00:03:35,310
And remember when the market breaks is somewhat area is know it always goes back to test as the resistance
40
00:03:35,700 --> 00:03:40,140
when support is broken new markets goes back at this as resistance.
41
00:03:41,070 --> 00:03:41,400
Okay.
42
00:03:41,730 --> 00:03:48,150
When a support is broken, the market goes back to test as an assistant.
43
00:03:48,660 --> 00:03:54,720
So right here, the markets moves for that down, creating a lower a new low value here, which is the
44
00:03:54,720 --> 00:03:55,860
new supports here.
45
00:03:58,210 --> 00:04:06,400
And it goes back to the area of the previously broken support area to this US resistant creating a lower
46
00:04:06,400 --> 00:04:06,690
high.
47
00:04:07,040 --> 00:04:07,300
Okay.
48
00:04:07,780 --> 00:04:12,310
The markets came down here, created a new low value added, which is a new support.
49
00:04:13,390 --> 00:04:18,940
It goes back to the area of the previously broken low value created in, you know, a high.
50
00:04:19,990 --> 00:04:21,550
To test us resistance.
51
00:04:23,200 --> 00:04:31,660
Also when done broke this be your support area created a new low value which is a new support area goes
52
00:04:31,660 --> 00:04:38,110
back to the previously broken support area to test out this resistance and to form a new lower high,
53
00:04:38,800 --> 00:04:45,580
it goes back again comes down here to create a new new value to the new support and it goes back to
54
00:04:45,580 --> 00:04:47,470
that area to test as resistance.
55
00:04:49,930 --> 00:04:51,010
Let me ask Ben again.
56
00:04:51,700 --> 00:04:56,620
When the market is in a downturn, it creates values and lower highs.
57
00:04:57,490 --> 00:05:00,250
No, all of the lower house values.
58
00:05:00,250 --> 00:05:02,620
And lower house values and the lower house.
59
00:05:02,830 --> 00:05:03,190
Okay.
60
00:05:04,360 --> 00:05:11,680
Now, this is lower high when methods, Chris, a lower high increase in resistance.
61
00:05:11,890 --> 00:05:13,270
This is a resistant area.
62
00:05:15,000 --> 00:05:19,100
Chris a new low value here which is support inner.
63
00:05:21,940 --> 00:05:25,540
The market continued its way down to create a new.
64
00:05:27,040 --> 00:05:30,460
No value here, which is the support area.
65
00:05:31,150 --> 00:05:34,090
It goes back to create a new lower high here.
66
00:05:35,350 --> 00:05:41,930
And to also test the previously broken support area to create as in existence.
67
00:05:42,630 --> 00:05:42,970
Okay.
68
00:05:43,970 --> 00:05:44,180
Chris.
69
00:05:44,330 --> 00:05:48,640
And, you know, I hear this once the market went down was again accurate.
70
00:05:48,650 --> 00:05:49,550
And you lovullo.
71
00:05:50,790 --> 00:05:52,560
Look what was up here, Chris.
72
00:05:52,560 --> 00:05:53,160
And you know what?
73
00:05:53,460 --> 00:05:53,970
Hi.
74
00:05:54,120 --> 00:05:55,230
We see the resistance.
75
00:05:55,830 --> 00:05:57,200
This low value here.
76
00:05:57,210 --> 00:05:59,570
You just support the markets.
77
00:05:59,580 --> 00:06:00,480
Calm down again.
78
00:06:01,850 --> 00:06:05,840
Courage and, you know, value back in this support area was increased.
79
00:06:05,840 --> 00:06:13,460
And you know, I love it is a support area and it goes all to the previously broken support area to
80
00:06:13,460 --> 00:06:16,910
create a new lower high, which is the new resistance area.
81
00:06:17,300 --> 00:06:17,630
Okay.
82
00:06:18,530 --> 00:06:23,540
So guys, let's go to the first shot so I can show you an example of
83
00:06:26,120 --> 00:06:28,910
support and resistance in a downtrend in markets.
84
00:06:29,540 --> 00:06:29,870
Okay.
85
00:06:30,840 --> 00:06:31,380
So.
86
00:06:33,940 --> 00:06:36,550
This is Richard.
87
00:06:36,880 --> 00:06:37,180
Okay.
88
00:06:38,900 --> 00:06:39,230
Okay.
89
00:06:39,470 --> 00:06:40,370
So then me take.
90
00:06:41,930 --> 00:06:43,140
Check them, check them, check.
91
00:06:43,150 --> 00:06:43,370
Okay.
92
00:06:44,390 --> 00:06:50,060
This is NZ, the USD four hour charts nzd USD four hour chart.
93
00:06:50,560 --> 00:06:59,960
So looking on the screen now, see that I've already labelled it like the market is rating the low value.
94
00:07:01,320 --> 00:07:02,790
And, you know, high.
95
00:07:03,890 --> 00:07:07,610
It's creating low value and a lower high in a downtrend.
96
00:07:07,620 --> 00:07:12,920
The market is in a downtrend in the value and the lower high.
97
00:07:15,460 --> 00:07:16,390
No, I know.
98
00:07:17,700 --> 00:07:18,120
Okay.
99
00:07:19,570 --> 00:07:20,860
And a lower high
100
00:07:23,830 --> 00:07:31,950
now on the markets created this Lou Adler here it becomes a support area when the market is low volume.
101
00:07:32,440 --> 00:07:40,450
Dollar value in a downtrend in markets when the market grows in the value support area and the market
102
00:07:40,450 --> 00:07:46,390
creates a new low high value, a high resistance area.
103
00:07:46,990 --> 00:07:47,320
Okay.
104
00:07:47,320 --> 00:07:50,260
How the markets came down, Brooke.
105
00:07:50,470 --> 00:08:00,370
This previous support area brought this this previous low value to create a new low value, which is
106
00:08:00,390 --> 00:08:02,050
another another new support area.
107
00:08:02,530 --> 00:08:02,920
Okay.
108
00:08:03,640 --> 00:08:11,500
The market went back to the area of the previously broken support area to form a new lower high.
109
00:08:12,130 --> 00:08:17,230
Once it this new to our high here is south as an adjustment area.
110
00:08:17,800 --> 00:08:18,130
Okay.
111
00:08:19,090 --> 00:08:22,210
The markets continued its move to the downside.
112
00:08:23,390 --> 00:08:33,530
Brooke, this support area, the previous support area, to create a new new value here, which serves
113
00:08:33,530 --> 00:08:34,670
as a support area.
114
00:08:35,420 --> 00:08:37,850
And the markets goes back.
115
00:08:38,900 --> 00:08:44,780
To test the area of this previously broken support area to create a new lower high here.
116
00:08:45,870 --> 00:08:46,230
Okay.
117
00:08:46,260 --> 00:08:48,510
To form a resistance area.
118
00:08:49,470 --> 00:08:49,800
Okay.
119
00:08:50,460 --> 00:08:53,040
Let's check on that chart.
120
00:08:53,250 --> 00:09:00,300
Let me show you example of a support resistance in a downtrend market.
121
00:09:00,990 --> 00:09:09,360
Okay, guys, we are on the you as you see a chart for our charts on the markers here is creating new
122
00:09:09,690 --> 00:09:11,580
low values and lower highs.
123
00:09:12,390 --> 00:09:15,510
Good grades in lower lows and lower highs.
124
00:09:16,610 --> 00:09:23,600
Which is what's resistant, which is what a downturn in markets is known for.
125
00:09:24,350 --> 00:09:28,460
And after the market, the markets, Chris, lower lows, lower highs.
126
00:09:29,520 --> 00:09:31,950
Now that creates new values and lower highs.
127
00:09:32,990 --> 00:09:33,410
Again.
128
00:09:34,830 --> 00:09:35,280
Now.
129
00:09:37,310 --> 00:09:43,420
Remember when the market creates a low value and, you know, value in a downturn in markets, it serves
130
00:09:43,420 --> 00:09:47,680
as a support area when it creates a lower high.
131
00:09:47,740 --> 00:09:50,610
He serves as a stand in front of the markets.
132
00:09:50,620 --> 00:09:58,180
Came all the way down from here came here, created a new low value which is somewhat area it pulled
133
00:09:58,180 --> 00:10:05,170
back and created a new lower high here, which is a resistance area.
134
00:10:05,920 --> 00:10:06,100
Okay.
135
00:10:06,520 --> 00:10:08,740
The market continues to move to the downside.
136
00:10:09,340 --> 00:10:15,010
Back in this missile support area here, broke this support area here.
137
00:10:15,490 --> 00:10:20,770
So creates a new low value, which is a new support area.
138
00:10:21,370 --> 00:10:21,760
Okay.
139
00:10:22,450 --> 00:10:29,530
And it flowed back to the area of the previously broken support area to create a new lower high to form
140
00:10:29,530 --> 00:10:33,350
a new lower high, which is a resistance area.
141
00:10:33,380 --> 00:10:36,670
And remember, that's when a support area is broken.
142
00:10:36,970 --> 00:10:40,120
The market goes back to this US resistance.
143
00:10:40,520 --> 00:10:45,070
Okay, so the market continues is for the downside came down.
144
00:10:45,710 --> 00:10:46,060
Okay.
145
00:10:46,120 --> 00:10:51,790
Broke this this bigger support area creates a new low value here.
146
00:10:52,450 --> 00:10:57,670
Once it creates a new low value here, you can make that area as a new support area.
147
00:10:58,040 --> 00:10:58,300
Okay.
148
00:10:58,660 --> 00:11:05,590
The markets pulled back to the upside into the area of this previously broken support area.
149
00:11:05,590 --> 00:11:13,870
Here to create a new lower high, which is a resistance area, need to continue to move to the downside.
150
00:11:14,640 --> 00:11:14,890
Okay.
151
00:11:15,490 --> 00:11:23,140
Created a low value here was it creates this low value here your market goes back.
152
00:11:24,960 --> 00:11:32,520
To this previously broken support area to create a new lower high here and to form a new resistance
153
00:11:33,000 --> 00:11:33,450
area.
154
00:11:33,770 --> 00:11:37,290
I hope you guys understand what I'm trying to say.
155
00:11:38,400 --> 00:11:43,770
If you don't understand, I recommend you watch this video over and over again until you get the hang
156
00:11:43,770 --> 00:11:44,190
of it.
157
00:11:44,340 --> 00:11:44,610
Okay.
158
00:11:45,270 --> 00:11:47,010
Thank you guys for watching this video.
159
00:11:47,820 --> 00:11:49,500
I will see you in the next video.
160
00:11:49,600 --> 00:11:52,800
And as we do, we'll be talking about trend line.
161
00:11:53,310 --> 00:11:53,670
Okay.
162
00:11:54,150 --> 00:11:55,680
I'll see you in this video, guys.
163
00:11:56,220 --> 00:11:57,120
They gave us those.
14002
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.