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#tradingbasic

tradingbasic

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📐 Support & Resistance – The invisible walls of the marketIf there's one thing to remember in trading, it's this. 📉 Support = Level where the price struggles to drop below. Buyers step in. Like a "floor." 📈 Resistance = Level where the price struggles to rise above. Sellers show up. Like a "ceiling." 🔑 How to draw them (simple rule): 1. Go to the 4h or daily timeframe 2. Look for prices that have touched the same level at least 2 times 3. Draw a horizontal line 🎯 Beginner's strategy: · Buy near support

📐 Support & Resistance – The invisible walls of the market

If there's one thing to remember in trading, it's this.
📉 Support = Level where the price struggles to drop below. Buyers step in. Like a "floor."
📈 Resistance = Level where the price struggles to rise above. Sellers show up. Like a "ceiling."
🔑 How to draw them (simple rule):
1. Go to the 4h or daily timeframe
2. Look for prices that have touched the same level at least 2 times
3. Draw a horizontal line
🎯 Beginner's strategy:
· Buy near support
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