Why Shorting support & Longing resistance gets traders REKT!

25 thg 5, 2022

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I see this time and time again - no matter if you are trading, cryptocurrency, commodities, indices or stocks, the principle remains the same:

Shorting at support and longing at resistance is GENERALLY not a good idea.

I show you examples in the video and explain why.
There is however a good time to short at support - i.e. When it has flipped into resistance after the retest, changing the market structure - and the inverse is true for longs.

If this video helped you, please consider leaving a thumbs up and a comment if you have any questions!

Learn, learn and then learn some more!

Not financial advice. DYOR. Papertrade before using real money