1.Sport Resistance:

Sport resistance refers to a price level where an asset faces selling pressure. It acts as a barrier preventing further upward movement.

Traders often observe sport resistance at key psychological levels (e.g., round numbers) or previous highs.

2.Entry Levels:

Finding optimal entry points is crucial for successful trades.

Consider these entry strategies:

Pullbacks: Enter after a price retracement (pullback) from a strong trend.

Breakouts: Enter when the price breaks above a resistance level.

Support Bounces: Enter near support levels after a bounce.

3.Risk Management:

Set stop-loss orders below entry points to limit losses.

Calculate risk-reward ratios before entering a trade.

Remember, thorough analysis and risk management are essential for profitable trading. 🚀💡

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