ilmscore | Prediction Details
"as we break into those new highs we look back at the previous level of resistance right here as our support level and why do we do that because it is the highest high since the break of the 50 period moving average"
By The Trading Channel (The Trading Channel) | May 10, 2021 | Pending
From video
The Only Support And Resistance Trading Video You Will Ever Need... (Beginner To Advanced Course) 00:09:44 - 00:09:58
Interpreted Prediction
Previous resistance levels become support levels for trend continuation trading when they represent the highest high since the price broke above the 50-period moving average.

Prediction Details

Topic
Trend Continuation Support Levels

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