Support And Resistance Trend Analysis Education TradingView

Support and Resistance is one of the most used techniques in technical analysis based on a concept that’s easy to understand but difficult to master. It identifies price levels where historically the price reacted either by reversing or at least by slowing down and prior price behavior at these levels can leave clues for future price behavior. There are many different ways to identify these levels and to apply them in trading. Support and Resistance levels can be identifiable turning points, areas of congestion or psychological levels (round numbers that traders attach significance to). The higher the timeframe, the more relevant the levels become.

Finding the most important ones can take many hours of practice. They exist due to an influx of buyers or sellers at key junctures. The fact that these levels flip roles between support and resistance can be used to determine the range of a market, trade reversals, bounces or breakouts. Each of these trades will have their own rules for entry and exit. TradingView has a smart drawing tool that allows users to visually identify these levels on a chart.

Hey traders, In this article, we will discuss Multiple Time Frame Analysis. I will teach you how to apply different time frames and will share with you some useful tips. Firstly, let’s briefly define the classification of time frames that we will discuss: There are 3 main categories of time frames: 1️⃣Higher time frames 2️⃣Trading time frames 3️⃣Lower time…

🔴Multi-candle patterns are more reliable The more candles a specific pattern contains, the more reliable it usually is. 3 candle patterns are better than single candle patterns. 30 candle patterns are usually better than 3 candle patterns. Patterns like head and shoulders, double and triple tops are among my favorites, exactly because of this reason. They…

Hey traders, We will discuss the Market bullish structure Educational in this post. 💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer

A few key concepts when using Market Profile in your trading: 1) Point of Control (POC) acts as price magnets, as they represent the price level where most time was spent during a trading day. Price tends to gravitate towards them. 2) Naked (Not visited) POC acts as stronger magnets than visited POCs. 3) When price enters / breaks into a Value Area, which…

CPI Consumer Price Index The consumer price index determines the rate of inflation ( the rate of change in prices ) from the point of view of consumers when they buy goods and services. An uptrend has a positive effect on the USD. The Consumer Price Index is one of the most watched indicators by currency traders and is considered a key indicator for…

Hey traders, We will discuss SMC Module Entry Educational in this post. 💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer

Hey traders, We will discuss Market internal Liquidity Educational in this post. 💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer

Hey traders, We will discuss Strongest Buy Model Educational in this post. 💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer

Hey traders, We will discuss Extreme Zone Entry Educational in this post. 💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer

Hey traders, We will discuss Types of Liquidity Educational in this post. 💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer

Hey traders, We will discuss Simple Easy Setup Educational in this post. 💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer

Hey traders, We will discuss Supply Zone Entry Educational in this post. 💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer

Hey traders, We will discuss Demand Zone Entry Educational in this post. 💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer

Hey traders, We will discuss Complex Pullback Educational in this post. 💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer

Hey traders, We will discuss Bullish Trend Educational in this post. 💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer

Hey traders, We will discuss SMC Order Follow Educational in this post. 💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer

Hey traders, We will discuss Simplified SMC Setup Educational in this post. 💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer

Do you find yourself drawing too many levels on your charts? Do you struggle to know which levels that actually matter for trading decisions? Do you wonder why price moves straight through some key levels and not others? This video will show you how to analyse a stock using Multi-Timeframe Analysis techniques to find the key levels that actually matter for…