DislikedYes I would agree with your chart . . but I've seen Price Bam!! down (your chart example) from both approaches from a Strong (key word Strong) Level.
That second approach on your chart is very good . .where Price is plotting upward methodically like strong soldiers through a weak enemy line . . .turning a Resistance level in to Support.Ignored
Thanks Jim for the explanation.
Yes, I have also seen strong rallies break through these areas sometimes, this is where we have to trade what we see and not what we think.