Support and resistance levels are among the simplest yet most misunderstood concepts in technical analysis. The longer a price zone holds over time, the greater its practical significance tends to be. The difference between an inexperienced trader and an experienced one lies in their approach: the former seeks the perfect level, whilst the latter observes how the market reacts within a zone of interest. Liquidity sweeps, deviations, reclaims and structural confirmations are often the elements that allow us to distinguish a simple reaction from a high-probability opportunity. Ultimately, support and resistance levels are not used to predict the future, but to identify areas where it is worth paying closer attention and waiting for the market to reveal its intentions. Study these slides and they will be useful to you A retweet would be helpful

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Retweet this post 👌🏻 You need to start looking at the market in a more ‘streamlined’ way, without overcomplicating things: the point isn’t to try and catch every single move, but to understand when the price breaks out of the range and how it reacts. When you see a deviation – that is, the price temporarily breaking above or below the range – it isn’t immediately a signal to chase. It’s a piece of information. It’s telling you that there’s a demand for liquidity out there. If that deviation is then repeated (double deviation), everything changes: it means that level has been tested several times and the market is clearly showing where it wants to react. That is the real confirmation. At that point, you shouldn’t enter at random, but wait for the price to return and start forming a clearer structure. That’s when it makes sense to switch to a shorter timeframe and look for a more precise entry, without forcing it. (Rarely test it first if you want to do so with a small position size) This way of reading the market always applies, whether you’re looking for a long or a short. The concept doesn’t change, only the direction: above, you work from a bearish perspective; below, from a bullish perspective. In practice, stop chasing the price and start working on these extremes: that’s where the market becomes much clearer and gives you simple invalidations.

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i did not catch the long on oil but I WILL catch the short

Sure, we just started a new Middle East forever war in Iran, but at least the memes are fire.

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For the median person, on a normal day, there is almost no economic reason to “code” anything. You’ve confused capability with necessity. The vast majority of you are spending hours a day building toys, not real tools. Quit LARPing please

JUST IN: Someone sent 2.56 Bitcoin to Satoshi Nakamoto

“there’s no way you actually bought bitcoin every day for 8 years straight” oh, but i did. this is just coinbase btw

Buying $2,000,000 of btc at 67,000. Bookmark this.

I have just been informed that one of the teams competing in the AI Grand Prix is using a biological computer built with cultured mouse brain cells to control their drone. At first look, this seems against the spirit of the software-only rules. On second thought, hell yeah.