you need to be able to see this, it is relevant in any time frame that you trade
you can trade just off support and resistance -practice for two weeks on five charts you will get better and better
you can trade of trend lines again practice makes perfect
you can combine the two , it s really powerful, it gives you a destination if you are a trend trader or if you are a reversal trader it gives you a place to start looking for the reversal
it s a huge edge , and timed correctly gives you great risk to reward
but you can make it even better , an even bigger edge three more things you can add , to make you HOT HOT and HOTTER still
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.