Buy at Support, Not After the Pump
A simple trading strategy is to identify support on the 1-hour chart and execute entries on the 15-minute chart. Support is a price zone where the market repeatedly stops falling and buyers step in. Look for several candles with similar lows and strong closes above that area. This indicates that the level is being defended.
Once a support zone is identified on the 1-hour chart, switch to the 15-minute chart and wait for confirmation. If price revisits the zone and forms a bullish candle with higher volume, that can be a potential entry. Place a stop loss just below the support level and set a take-profit target of 2–3%.
For beginners, this method is effective because it combines a broader market view with precise timing.
1-Hour chart finds the support. 15-Minute chart confirms the entry.
Buy near support, not after a big pump.
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