Basic Support & Resistance
Basic Support & Resistance
📊 Support & Resistance 🟢 Support is an area where price has previously struggled to move lower. Think of it as the floor where buyers may step in. 🔴 Resistance is an area where price has struggled to move higher. Think of it as the ceiling where sellers may step in. 🔄 When resistance breaks, it can become support. When support breaks, it can become resistance. 🎯 Focus on zones, not exact lines, and always wait for confirmation! One of the easiest concepts in trading don't overthink it!
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