NexusFi: Find Your Edge


Home Menu

 





Support Resistance Break


Discussion in Traders Hideout

Updated
    1. trending_up 4,139 views
    2. thumb_up 0 thanks given
    3. group 0 followers
    1. forum 3 posts
    2. attach_file 1 attachments




 
Search this Thread
  #1 (permalink)
 emini_Holy_Grail 
Dallas,TX
 
Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker: Zaner/Zen Fire
Trading: ES,6E,6B,GC,CL
Posts: 596 since Nov 2009
Thanks Given: 176
Thanks Received: 126

I have attached a picture where support gets broken and support becomes new resistance.
How do we figure when do the support or Resistance breaks or reverse at support or Resistance. It may not be a easy answer, but like to figure out


Attached Thumbnails
Click image for larger version

Name:	support_resistance.png
Views:	406
Size:	47.0 KB
ID:	14878  
Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
[WTS] ATAS Lifetime ULTRA license – EU buyers only – …
Platforms and Indicators
requesting .nrd replay files from 2026 spy and qqq
The Elite Circle
What we know about Binances $6.3bn hack - BBC News
Cryptocurrency
Building a free browser DOM/SMC simulator - need some ad …
Platforms and Indicators
Bitcoin’s 2022 low, 2025 high and 2026 low so far arou …
Cryptocurrency
 
  #3 (permalink)
 
DavidHP's Avatar
 DavidHP 
Isla Mujeres, MX
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Broker: Ninjatrader / Optimus Futures / AmpFutures
Trading: NQ / ES / 6E / 6B / CL
Frequency: Every few days
Duration: Minutes
Posts: 1,830 since Aug 2009
Thanks Given: 11,804
Thanks Received: 3,057



emini_Holy_Grail View Post
How do we figure when do the support or Resistance breaks or reverse at support or Resistance. It may not be a easy answer, but like to figure out

Perhaps you should use a rule?
Number of bounces from the S/R line maybe.

Or add a diagonal trend line?
Your chart seems to be in a downward trend.
Perhaps a trend line break would also indicate a similar S/R break.

FWIW


Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
Follow me on X Reply With Quote
  #4 (permalink)
 emini_Holy_Grail 
Dallas,TX
 
Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker: Zaner/Zen Fire
Trading: ES,6E,6B,GC,CL
Posts: 596 since Nov 2009
Thanks Given: 176
Thanks Received: 126

DavidHP. But a trend line break usually goes for reversal though, like (break from Bollinger, 123 reversal after trendline break)

from Long to short. I have problem to find out trend continuation, like this one when it support breaks and continues downtrend.


Started this thread Reply With Quote




Last Updated on June 4, 2010


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts