Support and resistance levels change as new highs and lows form. Update your charts weekly. Markets evolve — what was resistance last month can turn into support after a breakout. Flexibility keeps you aligned with the current market structure.
: Common Mistakes Traders Make
Many traders draw too many lines or use irrelevant timeframes. Others ignore price confirmation and jump in early. The biggest mistake? Treating levels as exact lines. In reality, they’re zones where price fluctuates. Always give room for volatility.
: Common Mistakes Traders Make
Many traders draw too many lines or use irrelevant timeframes. Others ignore price confirmation and jump in early. The biggest mistake? Treating levels as exact lines. In reality, they’re zones where price fluctuates. Always give room for volatility.