Learn to Day Trade - Get Free Mini Course

What is a Resistance Area in Trading?

Areas will be your number one indicator.

They are free. They can be done on any platform, for any market you chose to trade and focus on.

The resistance area is a ceiling formed by pivots (price action) hitting over and over again.

Anything more than 3 pivots is considered an area, so when you have a continuing one, it becomes a strong area.

The minute you see it hit 3 times put your breaks on and do NOT enter!

But when you see it hit more than that, stay out altogether until there is a massive breakout either above the area with total confirmation. Or massive strength going in the opposite direction of where the resistance area is.

It is also super important to draw your areas, simply recognizing it doesn’t matter. You need to draw it so that it’s there for you to see.

Related Read: Day Trading Terms And Definitions

example of a resistance area

How to start?

Let`s get to know each other. You can learn more about my journey and how I started here.

If you want to learn more futures trading strategies and start day trading on your own with ease and confidence – Sign up for the FREE Mini Course.

After that, if you have any questions you can always ask me at traderchick.com. Come to my Facebook group and introduce yourself, let me know your experience with trading.

Are you ready to go beyond basics, learn day trading and start your dream life – check out MY Courses.