Now, as much as placing SR areas is easy there are times where price can get pretty messy. This is where most traders start to struggle when it comes to placing their SR.
It’s important to remember the fundamentals. Nothing changes when it comes to messy pairs and practicing is really going to boost your confidence when placing SR areas.
Using different time frames is one of the simplest ways to do this. It is also applicable to anything you trade so can be used in any trade-able market, not just Forex.
Overall, you can excel at placing support and resistance quite easily by practicing every few days. You will be surprised at how confident you will become after just a few sessions of concentrated practice!

Celestial

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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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