Trade Commentary 171

● Points to Win

・There should be clear price action

Not a messy, range-bound market, but a market with clear moves up and down. Sell at higher prices, buy at lower prices. Aim to sell after a rise, and buy after a fall.

・Look for strong buying candles near the zone or after breaking the zone（for buying）

If buying, confirm support where the price stops falling, and for selling, confirm resistance where the price stops rising. For example, long lower wicks on pin bars or doji candles. Especially when the reverse trend is strong, it is safer to take a small pause.

・Smaller stop losses

When buying, target a distance not far below the lower wick of the preceding candle, so the stop loss is small. Or if the price moves against you, you may close early.

For other basic rules and how to use indicators, please refer to the course. Thank you very much.