Fully understand the support and resistance levels
90% of people only know the support and resistance levels on the surface of the text, and have not deeply understood the connotation and essence of them, so there will be a huge contrast in actual combat.
In a downward trend: the role of the support level is to reduce positions and stop profits, not to buy at the bottom. Buying at the bottom belongs to entering the market, and entering the market must meet two conditions at the same time, position and shape; so many people buy at the bottom in a downward trend, sometimes they can buy well, but most of them are not good at buying at the bottom. This is the reason. If you buy well, the shape at that time must be supportive, and if you buy poorly, the shape at that time must not be supportive.
In a downward trend: the resistance level is for entering the market, but different resistance levels have different opening positions and different probability of reaching.
The upward trend is the opposite.
