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What is a Congestion Area? |
Congestion in trading refers to many buyers and sellers in an area. Therefore, the price is at a stalemate and does not move. |
What is a Support Area? |
Support is a place where buyers tend to come into the market due to a support level holding. |
What is a Resistance Area? |
A resistance area is a place where a level may continually attempt to break the area but doesn't. Therefore, sellers are prone to exit their positions. |
What is a Bullish Outlook? |
A bullish outlook on the market means the view is positive and a speculator will expect prices to increase. |
What is a Bearish Outlook? |
A bearish outlook on the market means the view is negative and a speculator will expect prices to decrease. |