Identify the walls around you early so that you will not be caught off guard Let’s face it, even though market conditions change over time, it usually returns to a state of consolidation. In fact, you zoom out from a daily chart to a weekly or monthly chart, you can usually map out a state of consolidation immediately using simple tools. However, in recent days since the market fallout, we are beginning to see many counters that are breaking their major support levels, this means that we can no longer make sure of those lines identified over a long period of time. In fact, many counters fell to a low which was below the price of the 2008 financial crisis, therefore in the post, we will learn a new strategy to find the new support level at the present moment so that we can continue to trade...