HOW TO START TRADING USING SUPPORT AND RESISTANCE ZONES

Hello dear steemians, I will like to use to article to talk about Trading any commodity be it crypto, synthetic indices or forex using a simple strategy called support and resistance. Trading is one of the most profitable and life changing skills in the world and most people find it difficult to go about cause of inability to trade that's having a strategy that works for them. so this article will be on what is support and resistance level and zones then how to draw them properly

Introduction

Support and Resistance zone
Support is a zone that tries to withstand the price rather than going further down. Support will cause the price to bounce up and become the best to buy.
Resistance is a zone that tries to withstand the price rather than going further farther. Resistance will cause the price to bounce down and become the zone best to sell.

So, in the form of line chart it will look like below

Then, we change it to candlestick chart. It will look like below.

Support and Resistance Level
Support and Resistance Level is more detailed and different level with the zone. Level is one line and Zone is Zone. The spelling is different, so what does it looks like?
Open line chart on any timeframes or pairs, mark the line with the rejections.

Then, change to candlestick, the line that we have marked will look in line
with Open/ Close candlestick. Here is the support and resistance level

Here is a few step on how to draw support and resistance properly
Step1: Mark in line chart

Step 2: change candlestick chart

Step 3: Mark SNR Zone at SNR level area

Conclusion

Here is the beginning of a simple strategy use to trade on how to draw support and resistance properly and next content will be on how to trade. hope this content helps you out with trading.