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SM Stock Market Method

Most Support Lines Aren't Support #shorts

TL;DR

Full video: https://youtu. be/sugMunXq6fw Most Support Lines Aren't Support.

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Where this fits in the Confluence Method

This lesson lives in the Stack step of the Confluence Method, where you confirm a key level, momentum and a trigger before a setup qualifies as a trade.

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Full transcript

1 sections

0:00Most support levels on most charts aren't actually support. They're random horizontals you drew. Real support is where significant volume traded. Random horizontals you drew are not levels. Demand at least three touches plus a visible volume node at the price before treating it as defended. I broke down the volume confluence rule on real charts in the full video link in the description.