Price bounced right off that support level and buyers took right over. A trader watches price tag that support then waits for buyers to step in. The mistake is buying the moment price touches support before any bounce confirms. Traders call this clean setup a Support Bounce. It means buyers are defending a level that's held firm before. Price tapped this same floor twice before buyers stepped back in.
Learn this setup step by step: https://thenojoblifestyle.com/web-stories/support-bounce/
Rather not scan charts all day? See how AI can trade for you, free guide: https://thenojoblifestyle.com/?src=dailymotion
Not financial advice. Trading involves risk and you can lose money.
