Peel Completely the Difference between SND and SNR

Supply demand and support resistance are areas that can be found and all of them can be used as opportunities to take profit. Support and resistance are the levels where a trader sees many failed attempts that the price movement cannot surpass, this idea is familiar to most traders. While supply and demand is a much deeper zone that represents a major price level region of broad support and resistance.

Use of Support and Resistance to Trade with Supply and Demand

The first thing a trader needs to do before trading on a supply and demand basis is to decide whether the expected conditions remain the same or change rapidly. This can be assessed by measures of market volatility such as significant political disputes or economic news. This is a dichotomy between the decision to trade within a timeframe or trade for a breakout.

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