📘 Lesson Two: Support and Resistance - Trading Map

Do you want to avoid buying at the peak or selling at the bottom? Then, you need to understand support and resistance - two of the strongest trading tools.

🔹 Support: A price level at which the asset tends to stop falling. This is where buyers intervene.

🔹 Resistance: A price level at which the asset tends to stop rising. This is where sellers intervene.

🧠 Their Importance:

These levels act like walls. Prices often bounce off them, and if they are broken, their direction reverses (support turns to resistance and vice versa).

📊 How to Find Them:

✅ Look for repeated bounce points on the chart.

✅ Use horizontal lines at major peaks/troughs.

✅ Combine them with indicators like the Relative Strength Index or Volume Indicator.

💡 "Respect support and resistance, and the market will respect your money."

See you in Lesson Three soon! 📈

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