Broken Support turns into Resistance.
Broken Resistance turns into Support.
So how do we determine if a Support has been broken or not?
3 ways to view it:
- A lower low (Even if it is just a wick)
- A lower close (Candle must close below previous candle close) - Safe
- Candle close through previous low - Safest
Personally, i prefer to used the safest method to view my . There are many nuances to trading , try them out yourself and see what works for you! Safe trading out there!