SUPPORT AND RESISTANCE

Straight off you are going deeper into place that would like to explore. You will be guided to interpret and recognize what "support" and "resistance".
Perhaps you still think of the concept of supply and demand (supply and demand)? When demand goes up and supply goes down, and so the price will rise. Conversely, if supply goes up and demand falls, prices will drop. That said economics teacher during junior high.
Considerably, in fact, the price of the currency in the market is always moving up and down. It is likewise influenced by supply and demand of the currency. And so, there was a time in the market where the price stops moving up or moving down stops. This is surely due to demand or supply it is not large enough to cause prices to rise or fall.
In technical analysis, you can estimate roughly when supply or
demand increases. The fast one is to identify support and resistance level that was.

Livelihood is a price level area, where at that level DEMAND large enough to withstand the decline in prices
(DEMAND> SUPPLY). At this point, the price tends to stop moving down and likely to rise again. Practicing language, the support level is anticipated to hold a bearish (down).
Spell resistance is an area in which the price level at that level SUPPLY large enough to stop the rise in prices (SUPPLY> DEMAND). At this point, the price tends to stop moving up and will likely fall again. Practicing language, a resistance level is anticipated to hold a bullish (rising).
When the price moves up and then down again, then the highest point reached before descending again that's called resistance.

When the price goes up again, the lowest point reached before the price goes up again that we refer to as support. That's how we determine the support and resistance points in line with price movements up and down all the time.
Please also observe that the level of support and resistance is not necessarily a definite level. That is entirely natural that some traders disputing some of the numbers when determining support and resistance. Importantly, the documentation and the resistance are in the range of numbers that are not too far away.
Resistance becomes support, support becomes resistance
Do not be confused, however. That's indeed the case. Here's the story so far....
Although at the start of the discussion of support and resistance is said that these levels were able to "hold back" the rate of price movement, but it does not mean that these levels will last forever. A funding will no longer be able to withstand the downward movement if it turns on when the demand is no longer big enough. In contrast, the same thing will happen to the resistance, in which the provision is no longer large enough to withstand the upward movement.

Reckon you are standing in regards to a room. Thither are a floor and ceiling. Ceiling our analogy as resistance, while our analogy as a funding floor. In your hands there is a golf ball. You drop the golf ball up to touch the ceiling. If your shed is not strong enough, then the golf ball will bounce again downward. Only if your throw is strong enough, then the ceiling will be breached. That's an approx.
Hence, when the resistance "broken-down" then the price will continue to move up. Resistance who was ON the price, now its position has been BELOW the cost. At that instant he turned into support.
Likewise with desktop support. When funding is "broken" (break) Then the price will continue to move downwards. Support formerly was BELOW the price, now its position has to be ABOVE the price. At that instant, he was transformed into resistance