The area near the bottom of a trading range in the price movement of a security or market where the supply and demand are equally balanced and the price begins to retrace back to its highs or its zone of resistance until a selling climax is reached. When the support level is reached on higher volume it is an indication that a higher support level is developing.
Related information about zone of support:
- Zone Of Support Definition | Investopedia
The "density" of the zone of support (how far the price can move down through it) depends on the volume of trading as the price approaches and enters the zone.
- Zone Of Resistance Definition | Investopedia
Zone Of Support. A price zone in ... SIT. In currencies, ... Index Amortizing Swap - IAS. A swap whereby ... Articles Of Interest. Support & Resistance Basics ...
- Trade On Support For The Best Exit Strategy
Nov 1, 2012 ... For example, a strong zone of resistance, once breached, becomes a psychological victory for traders and quickly turns into a zone of support ...
- Preliminary Investigation into the Zone of Support Influence and ...
that the maximum extent of the zone of support influence is dependent on the bedding plane friction angle and the fallout thickness. The zones of influence of the ...
- Dynamic Support and Resistance | Moving Averages | Learn Forex ...
Area between moving averages can be a zone of support or resistance. From the chart above, you see that price went slightly past the 10 EMA a few pips, but ...
- Zones of Support and Resistance: Update 11/15/2012 - TradingView
Nov 15, 2012 ... I believe the strongest zone of support to be between 1.2515 and 1.2587 where the previous breakout occurred. Zones of Support 1st: 1.2824 - ...
- Zones of Support and Resistance 9/26/2012 - TradingView
Sep 26, 2012 ... I believe the strongest zone of support to be between 1.2515 and 1.2587 where the previous breakout occurred. Zones of Support 1st: 1.2824 - ...
- How to Find a Pivot Point Support and Resistance Channel in a ...
Calculating the first zone of support and resistance. The logic of the pivot point is that after a trend pauses, you need a breakout that's a significant distance from ...