📊 Lesson 5 in Trading – Support and Resistance (One of the Market's Key Secrets)
Once you grasp support and resistance, you'll start to see price action more clearly 👇
🔹 What is Support? Support is a price zone where, when the price hits it, it often stops dropping and begins to bounce upwards 📈 Because buyers step in at this level.
🔹 What is Resistance? Resistance is a price zone where, when the price hits it, it often stops rising and starts to drop 📉 Because sellers enter the market there.
🔹 How do we use them? ✅ Buying is better near support with a bounce ✅ Selling is better near resistance with signs of weakness
🔹 A Simple Example: If the price hovers between 95 and 100 several times: 95 could be support 100 could be resistance
🔹 A Very Important Point: If the price breaks through resistance strongly, it may turn into new support And if it breaks support, it may become new resistance
🔹 Beginner Mistakes: ❌ Buying in the middle of the zone without a reason ❌ Selling at support ❌ Ignoring stop losses
🎯 My Advice: Draw support and resistance lines on the chart daily, and over time, your vision will sharpen
🚀 Important announcement for everyone interested in trading!
I decided to start a step-by-step trading education journey with you 💰📊 Starting today, I will provide a **daily trading lesson** every day at **10 PM** ⏰
📚 Whether you are a beginner or have experience, the lessons will help you understand the market better and develop your skills 💡 We will explain basics + strategies + real examples
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