Price generally on all timeframes move in a simple method of Supply & Demand.
🟢Support & Resistance Levels/Zones
🟢 Support turning Resistance & Resistance turning support levels/zones
🟢 Entry Techniques
🟢 Different perspective of using Support & Resistance
Thread🧵Scroll 👇
🟢Support & Resistance Levels/Zones
🟢 Support turning Resistance & Resistance turning support levels/zones
🟢 Entry Techniques
🟢 Different perspective of using Support & Resistance
Thread🧵Scroll 👇
Golden Rule of Trading :
Start focusing on 2 trading styles and you are ready to make profits (Don't waste time)
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Start focusing on 2 trading styles and you are ready to make profits (Don't waste time)
Join the Free Telegram Channel to get Live Market updates , levels & LINK for upcoming free webinars -
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Scroll down 👇 @learntotrade365
Price Action can be followed in 2 ways
1] Trying to identify whether Buyers or Sellers which participant is stronger and simply follow them
2] Trying to identify whether Buyers or Sellers which participant is weaker and simply going against them
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1] Trying to identify whether Buyers or Sellers which participant is stronger and simply follow them
2] Trying to identify whether Buyers or Sellers which participant is weaker and simply going against them
Scroll down 👇 fwd
![Price Action can be followed in 2 ways
1] Trying to identify whether Buyers or Sellers which parti...](https://pbs.twimg.com/media/FtprIFWaYAAOG0x.jpg)
Support , Resistance , Demand , Supply zone generally works on all major timeframe.
It's depends on the trading style we follow
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It's depends on the trading style we follow
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Support turning to Resistance
Resistance turning to Support
( Generally gives a big directional moves specially in index and heavy weight stocks - Waiting time is more but the reward is generally big )
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Resistance turning to Support
( Generally gives a big directional moves specially in index and heavy weight stocks - Waiting time is more but the reward is generally big )
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There are 100's of ways to enter a trade . But if you are interested to enter according to the candle formation around important levels/zone then refer the below image.
1] Conservative with full confirmation
2] Moderate Confirmation
3] Aggressive approach
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1] Conservative with full confirmation
2] Moderate Confirmation
3] Aggressive approach
Scroll down👇 fwd
Different perspective of using Support & Resistance
1] Direct from candlestick charts
2] Using Fibonacci Retracement
3] Using Moving Average
Moving Average works more better in slight bigger timeframe anything at & above 30 min charts from my experience.
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1] Direct from candlestick charts
2] Using Fibonacci Retracement
3] Using Moving Average
Moving Average works more better in slight bigger timeframe anything at & above 30 min charts from my experience.
Scroll down 👇 fwd
![Different perspective of using Support & Resistance
1] Direct from candlestick charts
2] Using...](https://pbs.twimg.com/media/Ftprj0TaQAAhxAj.jpg)
That's the end of this thread
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Follow me @learntotrade365 for more trading insights and learning content .Join Now 👇
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