📅 DAY 01 — Support & Resistance
Support = a price area where buyers usually step in.
Resistance = a price area where sellers usually step in.
Think of support as a floor and resistance as a ceiling.
If price breaks resistance strongly → bullish possibility.
If price breaks support strongly → bearish possibility.
📅 DAY 02 — Market Structure
Market structure tells you which direction the market is moving.
Higher High + Higher Low (HH + HL) → Uptrend 📈
Lower High + Lower Low (LH + LL) → Downtrend 📉
If structure changes, the trend may be changing too.
📅 DAY 03 — Liquidity
Liquidity is where many traders have their stop-losses or pending orders.
Above previous highs → buy-side liquidity
Below previous lows → sell-side liquidity
Price often moves toward these areas before reversing.
Simple idea: Where traders place stops, the market may go hunting. 👀
💡 Will share the rest of the lessons step by step.
So follow me to gather some knowledge about trading 💜
#BinanceSquareFamily #TradingTales
Support = a price area where buyers usually step in.
Resistance = a price area where sellers usually step in.
Think of support as a floor and resistance as a ceiling.
If price breaks resistance strongly → bullish possibility.
If price breaks support strongly → bearish possibility.
📅 DAY 02 — Market Structure
Market structure tells you which direction the market is moving.
Higher High + Higher Low (HH + HL) → Uptrend 📈
Lower High + Lower Low (LH + LL) → Downtrend 📉
If structure changes, the trend may be changing too.
📅 DAY 03 — Liquidity
Liquidity is where many traders have their stop-losses or pending orders.
Above previous highs → buy-side liquidity
Below previous lows → sell-side liquidity
Price often moves toward these areas before reversing.
Simple idea: Where traders place stops, the market may go hunting. 👀
💡 Will share the rest of the lessons step by step.
So follow me to gather some knowledge about trading 💜
#BinanceSquareFamily #TradingTales
