How far back do you go to find support and resistance?
About 125-150 bars, unless there’s some specific reason to look further back than that.
How about you?
Which time frame? I usually go 10-15 days back… is that too much?
Sorry, I don’t know. I don’t used timed bars, so I don’t measure it in “timeframes” as such. Just as numbers of bars.
You’d surely look back much further (in time) if using 1-hour bars than 1-minute bars, wouldn’t you? So it’s all relative?
If you’re looking to enter with or against a recent trend, the last swing high and the last swing low will be important levels to note. But it’s hard to be specific without context - a resistance level from 2010 probably isn’t going to mean anything useful in 2025 - but what if it was an all-time high, marked by a dozen failures to break out over many months that year? Maybe.
Hello everyone
Personally, I zoom out as far as possible to see the big picture. Otherwise, it’s like watching a 80-inch TV with my nose glued to the screen - I’ll hardly get an accurate view
Not how far back, how far forward. Not able to trade the past.