Support and resistance (SR) areas are a core part of many price action trading strategies. Many use SR on a daily basis to find powerful setups and to prevent from taking risky trades.
Trading without SR areas is like driving blind – no matter what strategy you use, SR areas will be extremely useful and informative for your trading. Doing so in an effective way is vital to your success as a price action trader.


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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading spreads bets and CFDs. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

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