What are the ways to identity key levels and trade them efficiently on the chart? And how are they related to the concept of supply and demand strategy in forex trading?
key levels r basically spots on the chart where price always reacts like support or resistance u look at past highs/lows or round numbers then wait for price to come back and watch for signs to trade it its like supply and demand coz these levels show where big buyers or sellers r waiting to step in again
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Thank you,
But that means one cannot be too sure with conclusions about key levels, as it might be off if miscalculated.
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yes that is absolutely true