It‘s not difficult to draw every possible line in the chart and explain that price was rejected at, or broke that line in the past. However, when trading real-time, determining which level will be hit first becomes challenging. The most confusing thing is the number of levels. When closely analyzing intraday charts, a trader can find levels every ten pips or so and, of course, not all levels are equally important.What is more interesting is that many of them could be divided by their purpose – not importance. Some of the levels are meant to hold and reverse the price and others to provide momentum for further movement. These levels are called “Triggers”. Different Price Action behaviour aspects around support / resistance (S/R) and trigger levels help to improve profitability and to choose entry and exit points more wisely.The delicate differences between Support / Resistance and TriggersS/R lines are like planets with gravity fields. These are in quite the exact place, but they have a certain distance of attraction and repulsion around them which interact with gravity of other further placed (yet stronger) S/R levels. They are like planets that vary in size and their associated gr…
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