How to Identify Key Support and Resistance Levels Like a Pro

Finding strong support and resistance levels is essential for profitable trading. Start by looking for price zones where the market has reversed multiple times. Use higher timeframes (daily or weekly) to spot strong levels, then refine them on lower timeframes. Trendlines, moving averages, and Fibonacci retracements also help confirm these zones. Remember, support and resistance aren’t exact lines but zones where price reacts. The more touches a level has, the stronger it…

Become a member today and continue reading