Support and Resistance Levels Mislead Your Trading.
You will see times when Support or Resistance is broken, and prices immediately reverses after going up to 20 pips in the breakout way.
I suggest using the above smart tool "A whole candle to be fully formed opened and closed above or below S, R. and I use that with Fibonacci levels too".
Another recommendation, try to rely on Daily S,R and higher. And try to draw your main S, R from daily charts while giving room for price to spike up and down the level.
Be careful of stop hunting around these areas, price will break then reverse. That happens. The best way is to develop your own system away from minor Support and Resistance levels or leave little job for them. Because measuring Support and Resistance is like a personal opinion.. and everyone opinion is different.
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