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Real vs Fake Support and Resistance: How to Distinguish Them?
For those of you who often open charts and immediately draw support and resistance lines, be careful! Not all lines are 'magical'. Many can actually mislead you if you don't know how to distinguish between real and fake.
Fakeouts are real, bro. But don't worry — we'll discuss together how to recognize the real ones.
🧱 Characteristics of Real Support & Resistance
1. Has Been Tested Multiple Times
Strong support/resistance usually bounces 2–3 times at the same point. If it's only touched once, it can't be called a strong zone.
Fakeouts are real, bro. But don't worry — we'll discuss together how to recognize the real ones.
🧱 Characteristics of Real Support & Resistance
1. Has Been Tested Multiple Times
Strong support/resistance usually bounces 2–3 times at the same point. If it's only touched once, it can't be called a strong zone.
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