In this video, you'll learn how to identify trend reversals doing technical analysis of support and resistance levels and trading reversal signals.
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What we cover in this video
- This is a support and resistance trading strategy to trade reversals that works. Horizontal support and resistance levels are stronger and more important than sloping support and resistance like trend lines. You want to trade buy signals at support and sell signals at resistance.
- The support and resistance mean point or middle point is a level where price often bounce before breakout of ranges. For example: In an up trend, inside a range between support and resistance we often see a bounce with buy signal on this middle level before the breakout higher in the direction of higher time frame trend. After breakout of range, we want to look for a new buy signal at the retest of the resistance that becomes support.
- 10X Trading System is a buy and sell signal indicator for TradingView based on price action, trends, and levels strategies that will help you find and trade tops and bottoms. Members use it to identify trend and trend reversal entry and exit points for tops and bottoms. Signals are non lagging and non repaint.

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