Step-by-Step Tutorials

Tutorial: Drawing Support and Resistance Lines Correctly

A practical tutorial on identifying and drawing support and resistance levels on any chart.

Key rules

  1. Look for zones with multiple touches — more tests = stronger level
  2. Draw at candle body closes, not wick extremes
  3. Use zones/boxes rather than exact lines for realistic planning
  4. Higher timeframe levels dominate lower timeframe ones
  5. Mark prior swing highs and lows as default S/R starting points

Step 1: Open a daily or weekly chart. Step 2: Look for price zones where the market paused, reversed, or consolidated multiple times. Step 3: Draw a horizontal line at each significant level — near candle bodies, not wicks. Step 4: Mark most-tested zones as 'major' and less-tested as 'minor'.

Focus on zones, not exact lines. Draw them as boxes for more realistic planning.

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