Support and resistance levels for 4 tickers in play - 10th May 2023

Hello

I'm a day trader with a love for trading support (demand) and resistance (supply) areas/levels. I manage @5minsChartGuy account on instagram - Follow me there for some freebies.

Below are the service details:

📈 Support and Resistance levels (aka SNR) (Every day)
🗽 US listed NMS stocks in play daily (i.e. No penny stocks)
🖐️ 5 updates per week, (Every day)
🎯 Daily update after close on Instagram (@5minschartguy)

How to use the levels:

Break and Retest strategy: Wait for price to move across a key level and watch if that level becomes support or resistance (Remember to always look at other indicators, patterns before getting into the trade)

Reversal Trades: Watch to price to approach a key level (preferably higher timeframe) and see the reaction on a lower timeframe. A good pattern to trade reversals could be entering a trade on the right side of the V (Watch Video about this strategy here)

Pro Tip:

Try to take trades off or around the zones/levels for improved probability trades. You can use an oscillator to see when these levels could come in play like the RSI, CCI or other oversold/overbought indicators as well as volume.

📈 Monthly SNR levels - STRONGEST LEVELS (Green line))
📈 Weekly SNR levels - STRONG LEVELS (White line)

📈 DAY SNR levels - INTRA DAY ZONES (Pink line)
📈 H4 (4 hour) SNR levels - INTRA DAY ZONES (Orange line) and 1 hour or 15 mins SNR levels (Blue line)