Support and resistance levels can help traders gain extra insight into the strength of a price trend. Here we define support and resistance levels, explain how to identify and draw both lines, and ...

Support and resistance levels can help traders gain extra insight into the strength of a price trend. Here we define support and resistance levels, explain how to identify and draw both lines, and ...

Support and resistance trading is all about identifying price zones where a move stops repeatedly because of buying or selling pressure. Mastering how to calculate support and resistance offers ...

Trendlines are an important tool in technical analysis for both trend identification and confirmation. One of the basic tenets put forth by Charles Dow in the Dow Theory is that stock prices moves in ...

What is Support and Resistance? The purpose of support and resistance levels is to identify favorable entry and exit points. There are multiple trading strategies that incorporate support and ...

Crypto analysts often cite two key markers when predicting whether a price of a given coin or token is set to rise or fall. These markers are psychological “support” or “resistance” lines – price ...

This is the second part of a two-part "how-to" lesson on drawing support and resistance lines. It was written for stocks, but applies to universally to other markets, including forex. The second part ...

Andrews’ Pitchfork is a technical indicator that can help traders determine the future price movements of a stock or forex trade. The pitchfork reveals areas of support and resistance that can help ...

Support—the opposite of resistance—is the price below which a security doesn't drop over a particular period of time. A support level—often referred to simply as “support”—is a price below which a ...