The diagram shows the actual mechanic. Rejected 3 times at the same level, that alone doesnt mean its strong, it means orders are quietly piling up there.

Once it actually breaks with real structure behind it, BOS, then a test from above that holds, thats the role reversal. Resistance becomes support, and its earned, not just repeated.

This is basically the entire BTC prior ATH story too. Tested and rejected for years, but once it broke and flipped, every retest since has held.

Usually why beginners get stopped out right at “obvious” support or resistance. The level was never earned to begin with, it just looked strong because it kept getting tested.

submitted by /u/Suitable_Acadia_190 [link] [comments]

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You might also be interested in reading EQS-AFR: Krones AG: Preliminary announcement of the publication of financial reports according to Articles 114, 115, 117 of the WpHG [the German Securities Act].