How to work support in trading? hitradeofficial

By hitradeoffical

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Natural gas form some bullish pattern on candle stick chart

About this image :-

In this image you can see this a chart of natural gas and in this chart a good support and than a price action is form and than a big movement is create so today we talk about support and how to work support in trading? Welcome to this post and keep learning and careful learning.

What is support in trading :-

The support is a place where price reached every time a zone and this zone is called the support. But this is only paper formula but in real life and live trading it is very difficult but when you learn this topic than this is very easy in the real life and also live trading. The support is a lower place where price reach for some thing like that in this image you can see that we draw a lower line and this lower line is called support for this image and also this chart so you can also draw a line where price reach every time that is called support but here some condition like you can see this image in this image where our a line there price reach minimum 4 times reached and this is a condition when you are drawing support and the condition is  at least 2 or more than 2 time price reached there than it is valid support. This is support in trading.
 

What is the profit of support in trading :-

Here, there are lots of profit of support in trading like than when you draw any support or any line than you can know what happen in this particular in this stocks or index and you can also know that in this time this stocks or index is bullish or bearish with the help of support and when you draw any support than you vision is also clear what we have to do in this movement so there are lots of profit of support in trading. You can also find what is our stop loss in this particular movement is this stop loss is our range or not and also we can know is this birth at this point or not. These are the profit of support in trading.
 

How to test this support is good for trading or not :-

If you don’t know this support is good for trading or not than you have lot of option for find this is good for trading or not like than if the price respect your support than you can say that this support is good is good for trading here a new word respect and in this post the respect normal means is like that you see this image and here you can where we draw a support there price was reached lots of time than we can say that here our price is respect the support than first to first you draw any support and see where you price is respect this support or not if yes than you can say that this support is good for trading and if price reached more times and multiple times than you can also say that this support is very good for trading. This way you can test this support is good for trading or not.
 

Learning of this post :-

In this post there are lots of learning like that you need to learn how to draw a good support in trading also you need to learn what is support in trading and how to work support in trading than you can what is the profit of our support and which types of profit than you must need to learn how to test this support is good for trading or not. Here also a golden point you can note this without any price action or box pattern don’t buy and sell any stocks and contract so note this post. This is very learning point of this post.
 

Thank You for this post and for more update you can follow on YouTube channel.

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