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 ...

Traders and analysts chart the movements of stock prices over time to pinpoint the support levels and resistance levels that indicate optimal times to buy and sell. Support and resistance are two ...

In technical analysis, support and resistance levels are key price points on a chart where the probability of a price movement reversing its current trend is higher. They represent areas where buying ...

Key Takeaways Support and resistance trading is not about drawing arbitrary lines on a chart. It is about identifying where the market has shown strong reactions in the past, then using that ...

Support and Resistance levels are a key indicator of price action and can be a trader’s best friend. Price action can form successful and profitable trading signals at key levels. In this class, we ...

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 ...