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Today Economic Calendar GMT
High volatility expected on CAD pairs
Medium volatility expected on USD pairs

🔍Understand Support & Resistance – Trade Smarter from the Start
Support and resistance aren’t just lines on a chart.
They are decision zones — where big money reacts, reverses, accumulates, or breaks out.

🔍 What is Support?
→ A price zone where buyers are likely to step in and stop further decline.
→ Market psychology: “Price is too cheap to go lower.”

😤 What is Resistance?
→ A zone where sellers are likely to take over and push price down.
→ Common thinking: “Price is high — time to sell or take profit.”

Here’s the truth:
• Support & resistance are not thin lines — they are zones.
• Highs/lows rarely align perfectly. A few pips of variation is normal.
• These zones are powerful because they show crowd psychology and institutional footprints.

🔁 Flip Zones – The Hidden Power of S&R
When support is broken, it often becomes resistance, and vice versa.
Why? Because market belief has shifted.
These “flip levels” often get retested before the next major move.

📚 Strong S&R zones often form around:
• Previous reversal points
• Sideways accumulation ranges
• High-volume price areas
• Big candles (Pinbars, Engulfings) with volume
• Zones that get tested multiple times but hold firm

Key Takeaway:

Almost every trader starts with support & resistance,
but only the ones who understand them correctly turn them into a real trading edge.

Today’s task:
1. Mark 2 nearby support zones
2. Mark 2 key resistance areas
3. Watch how price reacts — do you see “big player” behavior?
Don’t trade based on hope.
Trade around meaningful zones.

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📱 Contact Admin for Guidance or Enrollment https://wa.me/message/JTQKO5HH5BZKK1

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