nice thread. But i didn't see any balls bouncing on charts
It is an Analogy Nexus,the one who cannot imagine can never get ahead in life.
The biggest gift given to man by god was imagination,he could imagine Planes before they were made.
Consider Ramayana they mention flying machines used by Ravana 's Army.
So consider it like this,Price is a ball and Price's movement along chart grid is path traced by ball.
When Price hits resistance it stops and bounces back,when it hits support, it stops bounces back again.
At times you get a very strong fast ball then the ball breaks resistance,but when it tries to turn back the same resistance becomes support.
This is what price does all the time.
So it is like Crystal ball you know where to sell and Buy.
Just buy Support sell resistance and put the money in the bank.
Regards
Tavnaz
Happy Diwali to all of you at TJ