Example of good support and resistance levels.

in hive-119463 •  3 years ago 

After practicing for more than three weeks I have decided to try out SNR strategy on 15 min trades. This is my technical analysis for BTC/USD from yesterday.

chart1.1.jpg

I entered my first buy trade exactly when the price touched the support line for 15 min expiry time and was a winner
I kept monitoring the chart and waited to price touch again the support level and entered again for 15 min expiry
buy trade.

chart2.2.jpg

Second win for this session and I'm now waiting for the price to reach the resistance level so I can enter for a sell trade.

chart4.jpg

chart5.jpg

chart6.jpg

All pictures are screenshots taken from tradingview

I made three trade entries on a demo account and all of them were ITM of course, this is not the case all the time because markets it's not always on our side but this season was good.

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