The Great Elevator Analogy Support & Resistance Trading

Welcome to this exciting class on support and resistance price strategy for forex, CFD, and cryptocurrency trading. This class is designed to provide you with a comprehensive understanding of one of the most important concepts in trading. Support and resistance are crucial levels on a chart where prices are likely to pause, reverse or accelerate, and as such, they form an integral part of any successful trading strategy.

In this class, we will start by exploring what support and resistance are, how they are formed, and why they are important in trading. We will also examine the different types of support and resistance, including horizontal, diagonal, and dynamic. We will learn how to identify and draw these levels on our charts, and how to use them to make better trading decisions.

Furthermore, we will delve into the various trading strategies that incorporate support and resistance levels, including breakout trading, trend following, and mean reversion. We will also examine how to combine support and resistance with other technical indicators, such as moving averages, oscillators, and volume, to create a comprehensive trading plan that can help you to achieve your trading goals. By the end of this class, you will have a solid understanding of support and resistance and how to use them to improve your trading performance.

Please subscribe ‪@InvestorsTradingAcademy‬