Do you know a KEY LEVEL can still be traded again even after taking a loss? ๐
After reading this, you will never make some mistakes again!
This is why understanding failed levels matters.๐
โข Failed Resistance in a trending market births a potential RBS
(Resistance Becomes Support) โ BUY
โข Failed Support in a trending market, births a potential SBR
(Support Becomes Resistance) โ SELL
But it doesnโt stop thereโฆ
โข Failed RBS in a ranging market births a potential Bearish QMR
โข Failed SBR in a ranging market births a potential Bullish QMR
Most traders get stopped out once and instantly abandon the level.
A loss does not always mean your analysis was wrong. The key is understanding what the failed level is turning into.
STUDY NOW!!! ๐ช