Support and Resistance plus Volumes Confirmation

20 hours ago
10

Retest on Support & Resistance + Volume Observation 📈

In forex trading, two powerful confirmations that can greatly improve decision-making are retesting support and resistance zones and observing trading volumes.

🔹 Support & Resistance Retest – When the market revisits a key level after a breakout, it often provides traders with high-probability entries. This retest confirms whether the level will hold or break, giving clarity before entering a trade.

🔹 Volume Observation – Volume tells the story behind the candles. Strong moves backed by high volume show conviction, while weak volume often signals false breakouts or potential reversals.

✅ When combined, these two tools strengthen trade setups for both scalping (short-term precision entries) and swing trading (longer-term opportunities). By waiting for price retests and aligning them with volume confirmation, traders can reduce risk and increase their win rate.

Remember: patience and confirmation are keys to consistency in forex.

#ForexTrading #SupportAndResistance #VolumeAnalysis #PriceAction #ForexEducation

Loading comments...