Key Levels

Key Levels

Lesson Attachments

Key levels are actually support and resistance levels, but on higher time frames, where this levels are stronger. Key levels are very important horizontal levels where price is reacting the most. This levels are where there the liquidity is the deepest. If banks need to execute a trade, they need a supply of orders to execute it against.
Once supply is taken out of a key level it will reverse. That’s why key levels are great to place low risk/high reward trades there.

Start drawing key levels from monthly to daily time frame.

Key level from weekly time frame:

Looking for entry on lower time frames. Example of entry on daily time frame:

Better entry from H1 time frame, from same key level:



Switch to full screen for better quality.