📌 Learning Journal – Binary Options
Today I studied the importance of support and resistance lines.
They are like invisible walls on the chart that the price often respects before breaking through.
Knowing how to identify these points greatly increases the accuracy of entries.
📊 Tip of the Day:
Support is like the “floor” where the price tends to stop falling, and resistance is like the “ceiling” where the price tends to stop rising.
Resistance
-----------●-----------
/\
/ \
/ \
Support ----● ●---- Support
Legend:
🟢 Buy point → near support
🔴 Sell point → near resistance
Question for you:
Do you mark support and resistance before trading or do you jump straight into the trend?
Let's exchange ideas! 💬