Before you even consider buying or selling a currency pair, it’s imperative to identify key support and resistance levels.
By doing this, you can establish a game plan for future price movement.
In other words, all you need to do once you have these levels on your chart is sit back and watch for buying or selling opportunities.
This practice of marking support and resistance first not only helps remove emotions from trading but it also allows you to identify second and even third chance opportunities.
Daily Price Action
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