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Support & resistance THREAD 1\\3
I pay attention to the 1w 3d 1d 4h 1h
The higher the timeframe the more validity it holds and the more we can trust them.
Ie. Supoort & resistance on the Daily will be harder to break through as opposed to the 4h
I pay attention to the 1w 3d 1d 4h 1h
The higher the timeframe the more validity it holds and the more we can trust them.
Ie. Supoort & resistance on the Daily will be harder to break through as opposed to the 4h
This is why we enter at HTF support & sell at HTF resistance. the rest is just noise
If I enter @ 1D support then I will target next 1D, or 4h resistance for a pullback. Once in full flow on the 1D and all daily resistances are broken.
You then target the weekly resisistances.
If I enter @ 1D support then I will target next 1D, or 4h resistance for a pullback. Once in full flow on the 1D and all daily resistances are broken.
You then target the weekly resisistances.
Each resistance tends to get retested on the flip above. Sometimes it looks like it wont. But 95% of the time it will. Even if it runs a little first. These are great selling points - we can always re enter for continuation of the trend if it gets flipped and retested on HTF
