Common retail trading concepts like support and resistance don't work as reliable signals. They're designed to generate liquidity for larger market participants, not to help individual traders profit consistently.
These retail concepts are all used to build liquidity in the market, right? You have to understand. A lot of people ask me like, then why don't I trade these retail concepts? If they somewhat work, you have to understand that they temporarily work. They work purposely to induce liquidity into the market. These concepts never worked. Smart money, support resistance and why would people trade them?
