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General How do you trade support and resistance for beginners?

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Minenhle97

New Member
The basic strategy in the market for beginners is to buy an asset when prices are at the support level and to sell when prices are at the resistance level. It is important to note that support and resistance levels are not exact price points, but rather zones where demand and supply can change.
 
Yes, such support/resistance zones on higher timeframes work very well. But you also need to understand that false breakouts of these levels or zones can occur. Therefore, in your trading it is better to use stop losses in transactions.
 

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