🔥 Easy Way to Find Support & Resistance Using ZigZag (Swing High/Low) 🚀

📌 What is Support & Resistance?

Support (Buying Zone) → Price touches a level and bounces up multiple times.

Resistance (Selling Zone) → Price touches a level and drops down multiple times.

🛠 Step-by-Step Method to Find Strong Levels (EASY WAY!)

✅ 1. Use Swing High/Low (ZigZag) Indicator

Swing Low (Green Dots) = Possible Support

Swing High (Red Dots) = Possible Resistance

If a level touches 2-3 times, it becomes a STRONG SUPPORT/RESISTANCE!

✅ 2. Draw Horizontal Lines on Key Swing Points

Go to 1H, 4H, or Daily Chart

Mark recent Swing Highs & Swing Lows using horizontal lines.

Higher Timeframes = Stronger Levels!

✅ 3. Confirm with Other Indicators (For Accuracy)

RSI < 30 (Oversold) at Support → High chance of bounce.

RSI > 70 (Overbought) at Resistance → High chance of rejection.

200 EMA (Moving Average) → If price is above, support is stronger; if below, resistance is stronger.

✅ 4. Look for Fake Breakouts!

Sometimes price breaks support/resistance but comes back (fake breakout).

Wait for a Candle Close above/below the level before entering a trade.

✅ 5. Use Price Action for Entry

Bullish Engulfing at Support → Buy Signal 📈

Bearish Engulfing at Resistance → Sell Signal 📉

💡 Pro Tips:

🔹 Check at least 2-3 touches on a level to confirm strong support/resistance.

🔹 Use 4H or Daily timeframe for best accuracy.

🔹 Don’t enter blindly! Always check RSI or MACD for confirmation.

🔥 Final Advice:

If you're confused by too many levels, just focus on the most recent swing points & major timeframe levels (4H/Daily). That will keep things simple & clear! 🚀

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