/ Trading Strategy by Support and Resistance Levels

Trading Strategy by Support and Resistance Levels

Published 08 June 2023

Reading time 2 minutes

TF: 1 second Expiration time: 1 minute (closest expiration time) Graph setup

Initially, the chart looks like this:

It is necessary, using the "horizontal line" tool, to plot the levels of Support and Resistance on the chart:

You should get something like this:

Up signal: The price approached the PS level from top to bottom Opening a trade immediately upon touching the level of Support and Resistance

Actions after the appearance of a signal to increase: Go to EXEX.com Set the expiration time to 1 minute

Choose the appropriate asset Choose the amount of the transaction Press the button to increase

Down signal: The price approached the PS level from the bottom up Opening a trade immediately upon touching the level of Support and Resistance

Actions after the appearance of a signal for a fall: Go to the Binomo website Set the expiration time to 1 minute

Choose the appropriate asset Choose the amount of the transaction Press down button

Results:

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