One fascinating thing about the forex market is how roles reverse. When price breaks below a support zone, that level often becomes new resistance. The same works in reverse — when resistance breaks, it can turn into new support.
This happens because of trader psychology. People who missed a trade earlier often jump in when price returns to the breakout zone, creating renewed momentum.
Understanding this concept allows traders to anticipate pullbacks and re-entry opportunities after breakouts.
Next time a breakout happens, wait for the retest — it’s often the best time to enter with confidence.
This happens because of trader psychology. People who missed a trade earlier often jump in when price returns to the breakout zone, creating renewed momentum.
Understanding this concept allows traders to anticipate pullbacks and re-entry opportunities after breakouts.
Next time a breakout happens, wait for the retest — it’s often the best time to enter with confidence.