We just make it simple. A cycle low is normally what we call support and a cycle high (Swing High) is what we call resistance.
Once above the swing high, then what was resistance is now called Support. Yep, resistance becomes support in this example.
Same for taking out swing lows, was support and now considered resistance.
Alpha Hunters Support Resistance Indicator in fact shows the switch in real - time.
When buying support or selling resistance, consider other trade models -
When you do decide to take the fade entry, try to reach for your first fill price and not to go all in on the first order, but rather scale into and out of trades.
Past performance is not necessarily indicative of future results.
Next -> Fade Models
Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.