Support dan resistance untuk pemula

Summary

This video explains the concept of support and resistance in trading, highlighting how these levels act as boundaries to prevent stock prices from rising or falling excessively. The presenter covers how trends can be predicted based on the interaction with support and resistance, and the significance of breakouts, retests, and rejection patterns. Emphasis is placed on the importance of momentum and confirmation for successful trades. The tutorial also provides practical tips on determining entry points using trendlines and support/resistance zones, alongside real trading examples and risk management strategies.

Takeaways

• 😀 Support and Resistance are the critical price levels that prevent the price from rising too high (Resistance) or falling too low (Support).
• 😀 Support is the lowest level where the price tends to stop falling, while Resistance is the highest level where the price tends to stop rising.
• 😀 The price tends to fluctuate between Support and Resistance, and this pattern is key for market predictions.
• 😀 A market trend can be bullish (upward), bearish (downward), or consolidating (sideways). Support and Resistance help identify these trends.
• 😀 When the price breaks through Resistance, it signals a potential change in market direction, and similar for Support.
• 😀 The concept of 'retest' occurs when the price breaks Support or Resistance and then returns to test it before continuing its movement.
• 😀 Strong support or resistance levels are marked by multiple touches from the price, indicating their significance.
• 😀 On larger timeframes (weekly or daily charts), Support and Resistance become more reliable for trading strategies.
• 😀 A break in Support or Resistance requires a strong momentum, often confirmed by large candles or price movements.
• 😀 To successfully trade using Support and Resistance, traders should wait for a rejection (e.g., price reversal at these levels) before entering a position.
• 😀 The best trading entries occur when multiple confirmations align, such as the price reaching Support/Resistance and showing signs of reversal through rejection candles.

Q & A

What is the definition of support in market trading?

Support is the lowest price level at which a stock or asset tends to stop falling, as buyers enter the market and prevent further declines.

What is resistance in market trading?

Resistance is the highest price level at which an asset tends to stop rising, as sellers enter the market and prevent the price from increasing further.

How does support and resistance help in predicting market trends?

Support and resistance help traders predict potential price reversals. If the price reaches a resistance level, it is expected to fall back to support. Similarly, if the price breaks through resistance, it may continue rising, and support may turn into resistance.

What is the difference between support and resistance and trend lines?

Support and resistance are price levels where the market tends to reverse, while trend lines are drawn to indicate the direction of the market. Both can be used to predict price movements but are based on different concepts.

What should a trader do when the market breaks through resistance?

When the market breaks through resistance, the trader should look for a retest of the broken resistance level, which may now act as new support, before considering further buying positions.

What is meant by a 'retest' in market trading?

A retest occurs when the market returns to a previous support or resistance level after breaking through it. This helps confirm the validity of the break and signals a potential continuation of the trend.

How can multiple touches of support or resistance indicate strength in those levels?

When support or resistance is touched multiple times, it suggests that the price is consistently reacting to that level, indicating a strong psychological barrier in the market. This increases the likelihood that the level will hold if tested again.

What is the significance of a long candlestick in confirming a break of support or resistance?

A long candlestick indicates strong momentum, suggesting that the price movement has enough power to break through support or resistance. This type of candle is often used as confirmation for a trend continuation.

What is a rejection pattern in trading, and why is it important?

A rejection pattern occurs when the price moves toward a support or resistance level, then quickly reverses, indicating a potential trend change. This pattern is important because it helps traders identify entry points based on price rejection at key levels.

What are the three types of rejection patterns mentioned in the script?

The three types of rejection patterns are: 1) a continuous downward movement with no reversal, indicating no entry, 2) a consolidation pattern showing indecision, and 3) a sharp price reversal with a strong candlestick indicating a potential entry point.