Resistance Trading: Wick Rejection or Breakout?
Summary
Hollow Point Trading shares an educational animation explaining why resistance is an area, not an exact line. It shows how to compare a wick through the zone with the price close and next response to judge rejection versus a sustained break.
https://youtu.be/F_0p6Onz0Ls
Resistance Is an Area: Does the Wick Show Rejection or a Break? #Sh...
Resistance marks an area where sellers previously responded. A wick through the zone followed by a return below it differs from sustained price above it. Compare the close and the next response instead of treating one line as exact.
Original Hollow Point Trading animation using an illustrative price sequence and HPT narration.
Free trading edu...
