📊 Strategy 11: Support to Resistance Trading Strategy
This strategy is very useful for beginners and scalpers.
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🧠 Strategy Concept
Buy near support and sell near resistance, but always with confirmation.
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🔹 Step-by-Step Strategy
Timeframe:
15 Minute or 1 Hour
Market:
High volume pairs ($BULLA , $SENT , major alts)
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BUY Setup:
1️⃣ Mark a strong support zone
2️⃣ Wait for price to reach support
3️⃣ Look for bullish confirmation candle
4️⃣ Enter BUY after candle close
Stop Loss:
Below support
Take Profit:
Nearest resistance
SELL Setup:
1️⃣ Mark a strong resistance zone
2️⃣ Wait for price to reach resistance
3️⃣ Look for rejection candle
4️⃣ Enter SELL after candle close
Stop Loss:
Above resistance
Take Profit:
Nearest support
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Risk Management:
📌 Risk only 1–2% per trade
📌 One trade at a time
📌 No confirmation = No trade