S&R Levels and How Important they are!!

You can easily see on this 15min chart where price has found the S&R areas to either trade too or trade off of as in bounce trades. There is no magic here. Just read the charts and follow the money flow. We all know that price action is the best indicator because it does not lag but these levels become self fulfilling numbers because of the pysche of the traders. Do you really believe the very big players in this market are trading completely naked with no indicators or S&R areas etc. It is reckless to think and trade otherwise. Just look at the charts and how price loves to find its way to and from these key areas of S&R. But do not take my word for it, watch this everyday for a week and you will see for yourself.