Support and resistance are the most powerful concepts in Forex. They represent levels where price reacts repeatedly.
Support is where buyers enter (price tends to bounce up), and resistance is where sellers dominate (price tends to fall).
Mark these zones on higher timeframes like daily or 4-hour charts — they’re more reliable.
Combine them with candlestick patterns (like pin bars or engulfing candles) for confirmation.
Don’t trade blindly at these zones; wait for price action signals.
Support and resistance aren’t lines — they’re zones of power.
Support is where buyers enter (price tends to bounce up), and resistance is where sellers dominate (price tends to fall).
Mark these zones on higher timeframes like daily or 4-hour charts — they’re more reliable.
Combine them with candlestick patterns (like pin bars or engulfing candles) for confirmation.
Don’t trade blindly at these zones; wait for price action signals.
Support and resistance aren’t lines — they’re zones of power.