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.
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