In simple terms, the market is currently going up, but it is expected to reach a point (called the "resistance area") where it will face strong opposition. Once it hits this level, the upward movement will likely stop, and the price is expected to reverse direction and start going down.
1. Uptrend. The price is rising, and it is moving toward a specific level where it might face resistance.
2. Resistance Area. This is a price level where the market tends to struggle to go higher because many traders start selling here, believing the price is too high.
3. Reversal After hitting the resistance, the price is likely to stop rising and start falling. This is known as a reversal, which indicates a shift from the previous upward trend to a downward one.
4. Downtrend. After the reversal, the price will likely continue falling, marking the start of a downward trend
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