đ Day 18 â Support & Resistance (Trading Basics)
Support & Resistance are the most important price levels in trading.
đą Support
A price zone where buyers step in.
Price often stops falling or bounces up from here.
đ Think: âBuyers defend this level.â
đŽ Resistance
A price zone where sellers step in.
Price often stops rising or pulls back from here.
đ Think: âSellers defend this level.â
đ Key Trading Rule
Break above resistance â resistance becomes new support
Break below support â support becomes new resistance
đŻ Why It Matters
Better entries & exits
Clear stop-loss placement
Avoid buying tops & selling bottoms
â Quick Question:
Do you already mark support & resistance on your charts?
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