Support Resistence

The core of my trades setup are Support & Resistence. A swing high is a resistence, a swing low is a support.

A swing high is a pure resistence, it become significant when this resistence later turn into a support. Likewise, a support is just a plain support. When a support tuen into a resistence, that is the price level I will pay more attention.

My trades entry usually enter around these levels. When trades are entered at these level, they are high probability trade setup with good risk & reward.

Look at GBPUSD. Selling at 1.6420 at Support Resistence Zone is my sell entry.