Question: Support/Resistance Levels

Name:Nick

Subject:
Support/Resistance Levels

Message:
Hello,

I've enjoyed your videos very much. I'm curious as to what you use to set your levels. Fibs? Previous swing high/lows? Fractals? I'm a relatively new trader and see how accurate your levels are and would like to emulate.

Thanks in advance,

Nick

Response from Ichimoku.Co:

Hi Nick,

Thank you for your feedback.

My primary method for setting SandR levels is swing highs and lows.

I also use Fib levels separately for retracements and expansions but use them in a very disciplined manner where I relate first time frame swings to first time frame swings, comparing like to like.

Bookmark the permalink.

Comments are closed