Phrases with «resistance area»

A "resistance area" refers to a zone or level in trading or investing where the price of a financial instrument tends to stall or stop rising temporarily. This means that there is increased selling pressure, making it difficult for the price to surpass that specific level. It acts as a kind of barrier preventing further upward movement in the instrument's price. Full definition

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Sentences with «resistance area»

  • This would put the price in an area to begin challenging that big resistance area. (itbit.com)
  • Without an established support or resistance area nearby, it's just another candle. (dailypriceaction.com)
  • A lot of times price dips just below the imminent support or resistance area before turning direction. (colibritrader.com)
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