What is Support and Resistance?
Traders can use support and resistance levels to help them identify potential entry and exit points for trades, as well as to set stop-loss orders to manage risk.
Traders can use support and resistance levels to help them identify potential entry and exit points for trades, as well as to set stop-loss orders to manage risk.
Price action trading requires discipline and patience, as traders must wait for high-probability trading setups to occur before entering the market. This can help traders avoid overtrading and impulsive decisions
Price action traders believe the price is supreme. They consider only two important elements. Price and Time on a clean chart.
If you are a price action trader, the first thing you want to see on a chart is a candlestick …