Most traders lose money because they can't identify these 7 setups.
Analyze trend. Find support, resistance. Pay attention to Failed moves.
→ Uptrend: higher highs + higher lows
→ Sideways: range-bound action
→ Downtrend: lower lows + lower highs
→ Support: where buyers defend
→ Resistance: where sellers cap
→ False breakout: traps longs above resistance
→ False breakdown: traps shorts below support
Which one screws you up the most?
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