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3 Ways To Confirm Support & Resistance - Footprint Chart Trading | Axia Futures 5 лет назад


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3 Ways To Confirm Support & Resistance - Footprint Chart Trading | Axia Futures

FREE Workshop: 👉 https://go.elitetraderworkshop.com/Free Why does support and resistance sometimes work while not at other times? In this footprint trading session Brannigan looks at how to identify real support and resistance, and why these levels are not just lines, but rather areas where buyers or sellers repeatedly interact to hold prices a number of times. The first example of confirming support and resistance is with the key auction reversal footprint strategy in the WTI oil market. The second example is of support or resistance being broken. and reversing to its polar opposite. Branningan notes the importance of being patient for the market to return and retest the level to see buyers or seller having replaced the the other in their interaction dominance at the level. The third example of confirming support or resistance is the footprint pattern of an elephant order or ice-berg order absorbing a level. When it comes to breakouts and reversals, the footprint chart is the ultimate tool because it gives you the earliest clues of changes taking place in a market, and most importantly it shows you the real interaction at key levels, instead of merely guessing. Using this tool not only gives you better clues of when to buy or sell, it improves your the timing of you execution so that you can leverage up your trading while minimizing risk. Learn more about our 8-Week Career Trading Course and get 3 Mentored Trading Lessons FREE: https://AxiaFutures.com/lp/Career-Tra... Gain access to more than 50 streams like this per month with professional traders. That's a total of over 1500 mins at £60 per month, equaling just £1.20 per stream. Sign up now and get a free 2-week trial: https://AxiaFutures.com/Membership-Ac... All of our traders use TT for fast and efficient execution on the DOM. Try the TT platform free for 4 weeks: https://www.TradingTechnologies.com/t... Axia Futures engages in Developing World Class Traders Globally. Follow us at: Website: https://www.AxiaFutures.com/ Facebook:   / axiafutures   Twitter:   / axiafutures   Instagram:   / axiafutures  

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