Today I got a question from a student who’s only made a few posts in the course, so just getting started.
They asked a question which points to a critical aspect of trading.
Here is what they asked below:
I think this is a fantastic question many developing traders struggle with.
How do you ‘know’ if the key level you’ve chosen is the right one?
What happens when the level you chose just got sliced through like Swiss cheese?
And do I look for ‘confirmation’ whether this key level will hold or not?
I’ll address these questions in this article to clarify your understanding of trading with support and resistance levels.