Hello everyone, today I want to share with you one way to enter the market that will help you earn good money.
Pulse breakdown level. The price moves by impulses and it is important for every trader to track them. Impulse breakdown levels are considered to be the moments when the price breaks through the resistance. This broken level now becomes a support, to which the price returns again and bounces. It is at this moment that the ideal entry point will be.
Stop Loss We must always remember that the price may not go according to the scenario we need, and in order to reduce losses, it is worth setting a stop loss approximately above the previous maximum.
The strongest level. When an uptrend changes to a downtrend (or vice versa), the strongest impulse level is formed. It is after the price reversal that the strongest level will be formed, which will most often keep the price from rising and force it to move down. Trading from this level increases the opportunity to earn. This level can also serve as a profit-taking point. Since the level is very strong, when you return to it, you will know that the level is likely to stand, close positions and open from the level down.
Result This trading method will significantly increase the number of your profitable trades. From time to time, the price will move from level to level in the same direction all day, giving many entry points. Good luck!
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