DislikedAnd later on price spent 8 weeks trying to close over 105.5
So
The PPZs have been proven in the past
perhaps and probably, because of this the PPZ's have recently been proven again, but Price Breaks Through & Closes Above/Below, and strong support becomes strong resistance and vice versa.
Now that is really, really simple
I think that every trader who has never typed the words Price Breaks Through & Closes Above/Below should probably do so as soon as possible. You can read it all the time and sort of know it, but write it once and you'll sort...Ignored
That is a good point you make about a PPZ being proven in the past.
I think many new people miss this point when learning PPZ, I did. But, to actually qualify as being a PPZ, historically the area must have acted as both Support & Resistance. If the area has not fulfilled both roles, it is either a strong support or resistance area but, not a PPZ.