@Molby you are partially correct about sup/dem vs sup/res I'll try and attach an example.
https://www.tradingview.com/x/UQ5NNzD3
i tried to upload a chart for you but best I can do is this link. You may have to copy and paste.
as to the flip level, sometimes called a swap level it is a very valid phenomenon that does work like a charm
It to depends on sup/dem though.
if you would like further explanation you can find me at tradingview.com it's free and I participate in a couple chats on gold, S&P and supply and demand trading. It's a web based charting service where traders can easily exchange ideas etc.
give it a shot and look me up when you get there.
https://www.tradingview.com/x/UQ5NNzD3
i tried to upload a chart for you but best I can do is this link. You may have to copy and paste.
as to the flip level, sometimes called a swap level it is a very valid phenomenon that does work like a charm
It to depends on sup/dem though.
if you would like further explanation you can find me at tradingview.com it's free and I participate in a couple chats on gold, S&P and supply and demand trading. It's a web based charting service where traders can easily exchange ideas etc.
give it a shot and look me up when you get there.