Structure:
Usually the structure will be a dense trading area, which means that the long and short parties are fighting in a smaller range.
By drawing the structure, you can easily see the direction of the market, and you can also easily identify support and pressure.
Technical Analysis Basics: Trading with Structure
Shock method:
- Close to the bottom of the range, there is important support, gaming long orders close to the top of the range, there is important resistance, gaming short orders - The profit point is usually at the upper/lower edge of the range - If the structure is completely broken, leave the market and strictly stop the loss
Breakthrough practices:
- Observe patiently, wait for the structure to be broken through and complete the test, then place orders along the breakthrough trend - if the market returns to the structural range, leave the market - the target is usually set to the next important structure
Look for the position on the left structure. The structure provides clues! Important resistance, support, and reversal points are often in the structure! Now, can you find the resistance and support levels that need to be paid attention to in the current market based on the structure on the left?
