Support and Resistance Level Breakthroughs
December 5, 2021
What is a horizontal line?
December 5, 2021

How to Draw Support and Resistance Levels

The support level is drawn on the lowest prices, that is, the lower shadows of the candlesticks.

Choose a few lowest prices and draw a line through them using the horizontal line tool.

The resistance level is drawn on the highest prices, that is, the upper shadows of the candlesticks.

Choose a few highest prices and draw a line through them.

The more lowest and highest prices you use to draw levels, the more accurate they are.

Use timeframes from 1 hour and longer. The older the timeframe, the more accurate the support and resistance levels.

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