$ACH 1.Support and Resistance Basics:
Support acts as a price floor, where buying interest increases, preventing prices from breaking below.
Resistance serves as a price ceiling, where selling pressure may arise, causing price bounces or stalls1.
2.Entry Strategies:When price approaches resistance, look for bearish signals (like candlestick patterns) for potential short entries.At support levels, consider bullish confirmation signals for long entries
3.Market Condition Matters:Adapt your approach based on market conditions (trending, ranging, or volatile).Use these levels to optimize entry, stop-loss, and take-profit decisions
:Remember, understanding these levels empowers better trading decisions. 📈💡
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