Support and Resistance Levels!!! (Follow now https://www.facebook.com/BinaryOptionsStrategy/) An important thing that must be taken into account when monitoring trends is the position of the support and resistance levels on that particular asset. What a support level does, is that it provides a sort of a safety catch, should the one is concerned that price of a certain assets plummets well below the desired levels. It basically shows where the investors that are buying think that the prices will stop decreasing. A more straightforward approach of how to spot the support and resistant levels, is measuring the lowest and highest points of any given system, for a given time period. A resistance level acts the same, but it deals with increases in the price of a certain asset instead. Most of the times their predictions would be true, and the price of a certain stock will not increase above the resistance level. There have been many instances where the price simply breaks out, and it basically moves the positional price up as well. As we can see from the digram listed above, there are a total of 4 price decreases in that particular sequence of fluctuations, which basically makes up the support level. Likewise, we can see 4 price increases, which would of course will define the resistance level. Both the support and resistance levels on any given trend line are enough to give an overall look at how the increase/decrease in price of of the underlying asset will affect the trend in the future. Slower markets are especially encouraged to follow these levels; where the overall activity of their value does not fluctuate as much as to create a confusion (like during night-time). #NMBO1010 (Feed generated withFetchRSS)