Lvl-1: Support & Resistance Profitable Trade Strategy:
In the given diagram, the blue circle below represents a Support and the red circle above represents the Resistance.
Support and Resistance works 95% Accurately while taking Entry in Trade. Use Timeframe of 5 min in Support And Resistance Trade Strategy.
Question: How to understand the support and understand the trade?
Answer: When you see that the market has pumped twice from the same point below, then assume that this is support. The second time you come to market support and see a Green Candle Create, you can close your eyes and click on the Up Option. (5min Timeframe)
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Question: How to understand resistance and trade?
Answer: When you see the market down twice from the same place above then assume it is resistance. You can close your eyes and click on the Down Option when you see the market resistance coming and creating a Red Candle. (5min Timeframe)
