Part 1: Support & Resistance

🔥 Part 1: Support & Resistance — The Real Start of Smart Trading

Series: Decode the Market Like a Whale (Part 1)

Let’s dive into one of the most powerful yet underrated tools in trading…

It’s the secret behind spotting major market moves before they happen 👀

Introducing:

✅ Support

✅ Resistance

But we’re not talking about basic lines…

We’re unlocking the REAL way pros use them 💡

📌 What is Support & Resistance?

🔹 Support:

A price level where buyers step in and stop the drop.

Imagine it like the floor.

🔹 Resistance:

A price level where sellers jump in and block the rise.

Think of it as a ceiling.

📈 The market moves between these zones constantly.

Those who know them precisely?

🌊 Ride the waves like pros.

📊 How to Draw Them Like a Trader:

1️⃣ Open the chart on 1H or 4H timeframe

2️⃣ Spot areas where price bounced multiple times

3️⃣ Draw horizontal lines at:

🔸 Swing highs = Resistance

🔹 Swing lows = Support

💡 The more times price reacts at the same level = the stronger the zone!

🔄 What About Dynamic S/R?

Static levels are horizontal.

But there's also dynamic S/R — which move with price.

🧠 Example Tools:

EMA 50

EMA 200

Moving Averages (MA)

These often act as hidden walls pros watch closely.

🔒 Pro Tip: Institutions Trade These Levels

Smart money doesn’t buy randomly…

They enter at key zones that don’t move often.

🧨 If you're watching the same zones…

You’ll start spotting their footprints before a breakout!

🎯 Golden Rule for Beginners:

🚫 Don’t enter in the middle of nowhere

✅ Wait near support or resistance

📉 Look for confirmation:

Reversal candle

Volume spike

💥 That’s when the move is real.