Trade with S/R
S/R is more of a validation tool. We do not recommend relying on this indicator alone to build a strategy.
The actual use of the S/R tool is to improve inputs and outputs.
When you have a signal from Signal appearing, then it is always interesting to place your order close to the S/Rs or OBs.
If you are already in a trade, it is very clever to get out of it using the S/Rs and OBs as a take profit/stop loss.
Long Entry: When two consecutive candles have their lows crossing a support line and close above that same support, enter a long trade.
Short Entry: When two consecutive candles have their highs crossing a resistance, but they both close below that same resistance, then enter a short trade.