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Resistance levels are not usually a fixed price point. Rather, it is more correct to say that there is a zone of resistance. Usually, the highest point in that zone is assumed to be the maximum point of resistance. You can identify resistance levels when an upward swing of prices have reached a certain point and then stalled, before retreating. For a zone to qualify to be a resistance point, the prices must have tested that level several times. After the resistance has been tested several times, two things may happen. Prices may reverse fully, or eventually break through this point in an upwards direction to continue with the pre-existing trend.

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