Trading Support and Resistance for High Profits

HTF Support and Resistance is in my opinion the best concept for trading that you can find. I dont say that it is the holy grail, but it comes close to it, when you understand how price is moving. Other concepts I use is trend, market structure and price action - that is all you need in my opinion. Smart money concepts (#smc) often make traders to dont see the forest for the trees and it will make them less profitable when they dont know what they are doing.

As an example I show the recent #BTCUSD rise and the monthly levels that we can use as reistance level. But of course this concept is not limited to #crypto, it is a common principle.

I linked two channels and videos from traders that trade support and resistance, they trade it in a different way, but their trading is based on the #SNR concept.

I can recommend the broker Hankotrade, here is the link to register:
login.hankotrade.com/register?franchiseLead=MjQ4Ng…

The first channel is they one by Trader Sumo, I learned a lot from him, here is his video about gaining and losing support:    • Gaining and Losing Levels   and I also mentioned a #BTCUSD analysis from him that you can find here on twitter: twitter.com/TraderSumo1/status/1618293730993373186

Nick Shawn's channel is this one: youtube.com/c/NickShawnFX he teaches simplicity, compounding and trading support and resistance. He is also into hedging which is a bit more advanced.

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Here you can find my TradingView indicators on this page:
www.tradingview.com/u/trading-guide/#published-scr…

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@TraderSumo @NickShawnFX ​