SUPPORT RESISTANT FLIP SETUP
S/R Flips: Firstly S/R stands for Support/Resistance, the idea behind the flip is that this method of setup is confirmed when price reclaims a level that was previously lost, then uses that now taken level as new support or resistance.
Firstly let’s look into the setup of a S/R flip and how we can use this useful trading setup to find good risk to reward trades and also know how much momentum price action has when running into important levels.
Firstly let’s look into the setup of a S/R flip and how we can use this useful trading setup to find good risk to reward trades and also know how much momentum price action has when running into important levels.
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