cashbackforexprofitcalculator.com">cashback forex profit calculator and cashbackforexpipcalculator - up and down the space of the two forms of expression of crude oil trend chart cashback forex a clear evidence of the contrast between the strength of the two sides, the multiple forces strong when going up, short forces strong when going down, so simple as a person climbing and skiing, climbing forexcashbackprofitcalculator encounter obstacles, affecting the upward speed; skiing will also encounter resistance so that the slide does not go down, the spot market will evolve into resistance and support a. Resistance - the short force is strong, the long force is weak where the natural formation of resistance in practice, because of the consistency of public expectations, the following areas often become obvious resistance areas: 1, the day oil prices opened lower than the previous close in the process of climbing up will meet resistance here, this is because after a night of thinking, the long and short sides of the previous close reached a consensus, the opening of the day, if oil prices opened lower, indicating that The selling intention is very strong in the process of oil price rebound, on the one hand, will be ready to be hit by new selling, on the other hand, close to the previous close, the morning accumulation of selling will take place, so that the long side can easily cross this pass 2, the day after the opening lower because of a large number of selling at the opening price, so the rebound back here will encounter resistance 3, the reason for the formation of the former high point, because there is an obvious backlog of selling here, when the oil price In this blocked fall back up again, once close to the previous high, there will be new shorting forces involved, the long side will also become cautious in the trend chart will form a clear M-head pattern, and most of the time the right side of the high will be lower than the left side of the high 4, due to the psychological role of people, some integer mark often become an important resistance when rising Judgment resistance area in order to sell at the highest point or the next highest point. Generally you can sell before entering the identified resistance area or when the price of crude oil slides down from a high, in the second time close to this high Times to sell II. Support - the place where you can not fall is the support level, common support levels are the following categories: 1, after the opening if higher, back down to the opening price at the time, because the buying deposit more, the support will be stronger 2, before the closing if the price of oil from the high back down, before the closing at the Support is also stronger 3, the former low point last formed low point area will generally become peoples psychological support, the same reasoning as the resistance area 4, the previous high point of resistance, once effectively crossed, because of the accumulation of more buying, again when falling back, will generally be supported Judgment support level is to strive to buy in the low area by the above analysis can be seen, support and resistance is a pair of contradictions can be transformed into each other, the original Resistance level after the breakthrough can in turn become a support level, the original support level after the breakthrough can also become a resistance level on the support level and resistance level to help the market research, such as rushing through the resistance area, indicating that the market is very strong, you can buy or sell; fall below the support area, indicating that the market is very weak, you can sell or not buy