There are a few combined ways you can implement and execute price SR levels. Using previous SIGNIFICANT highs/lows as key areas to take a bounce off or by simply applying the same strategy via trend lines.
Wait until price defines the direction for you by breaking out of congested areas or by generating new highs/lows then anticipate the retracement or pullback and enter on a re-test. This allows for a great entry with little heat at times, plus you have also allowed for the retracement which is very critical...
Use the example below as reference, long on GOLD (XAU/USD) once price penetrated the trend line came back down tested the line and then executed BUY.
Hope this helps
Wait until price defines the direction for you by breaking out of congested areas or by generating new highs/lows then anticipate the retracement or pullback and enter on a re-test. This allows for a great entry with little heat at times, plus you have also allowed for the retracement which is very critical...
Use the example below as reference, long on GOLD (XAU/USD) once price penetrated the trend line came back down tested the line and then executed BUY.
Hope this helps