🎯 A Simple Strategy for Beginners: Entry on Break of Resistance
Did you know that the resistance break strategy is one of the easiest trading methods? Here are its steps:
1️⃣ Monitor the price at a strong resistance
2️⃣ Wait for a confirmation candle above it
3️⃣ Enter with a retest
4️⃣ Place the stop loss below the previous support
5️⃣ First target = same length as the previous move
💼 Use it on the 1H or 4H timeframe and apply it only to highly liquid currencies.
🔔 Golden Tip: Do not enter without a confirmation of a strong candle (preferably an engulfing candle).
🧠 Have you tried this strategy before?
Share your experience with us in the comments👇
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