This is how the price can react at support zones.
At point 1 it bounced but we still do not know if it is a valid support level.
At 2 it again tested the level 1 and held it. It means there are chances that it will sustain.
Many traders like to take a low risk trade here.
At 3 there is definitely a buy with stop under the lowest swing.
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The price so not always react in the same fashion. There may be a sharp bounce form the support and there might not be a retest of the level 1A.
In such a case one should look for a pullback (which will be shallow in this case) to enter in to this trade.
Remember that the stop would be wider in this case. Inorder to reduce the risk one can either trade small or wait for a higher swing low to form and then take an entry.
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