Business Studies, asked by Simrankemwal7657, 1 year ago

What are the major and minor support and resistance lines

Answers

Answered by Anonymous
7

Answer:

✔✔ Major and Minor Support and Resistnace. Minor support and resistance levels are expected to be broken. ... Major support and resistance are price areas that have caused a trend reversal recently. If the price was trending higher and then reversed into a downtrend, where the price reversed from is a strong resistance level✔✔

Answered by ruhi455
2

Explanation:

〈(•ˇ‿ˇ•)-→Major and Minor Support and Resistnace

Minor support and resistance levels are expected to be broken. For example, if the price is trending lower, it will make a low, then bounce, and then start to drop again.

Similar questions