Can We Entry in Support & Resistance Area?

Support and resistance are the two most fundamental things in technical analysis. The terms support and resistance are fairly popular in the world of forex trading. This is one of the most frequently used techniques in technical analysis. Without it, traders will experience difficulties and even lose in carrying out trading activities.

In simple terms, support and resistance are likened to the two most discussed attributes in analysis where support is a level that has the potential to withstand price declines. Meanwhile, resistance is a level area that has the potential to hold back price increases. These levels are used to determine whether the price will continue or reverse.

Basically, support and resistance aims to find the right area when taking a buy or sell position and determine targets for price movements. The support area is generally an area used as a reference for looking for buy positions, while the resistance area is used as a reference for looking for sell positions.

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