Structure Aka Support & Resistance

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Structure aka

Support and
Resistance
Simple and Effective

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migrationhelpers@gmail.com
Why is it important?
- Understanding what structure is in the way or close is important to your strategy because this can
give you either a higher probability or lower probability of a trade working.

For example if you taking a trade and major structure is in the way then this could act as
support/resistance. Which could result in a reversal or some reaction that could stop you out.
What to look at?
- Monthly, Weekly, Daily are most important levels
- Same timeframe that you enter is also important, check to see if the structure in the way
- Remember your HTF is x4 so trade 1HR then 4HR is the HTF.

- Look for V shapes


- Remember it’s a zone (Use the body candle close and the wicks)
What to do?
- Do a top down analysis of major levels and work your way down to entry time frame.
- Have a minimum +R and only take it if there is enough room to the next structure point

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