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How To Find Support And Resistance Levels (Easily)

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How To Find Support And Resistance Levels (Easily)

1,985,555 views October 25, 2019 18:28

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ChannelWysetrade

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In this video we show you how to EASILY find support and resistance levels. Knowing how to correctly find support and resistance levels is one of the most important skills a trader must learn to do.

The problem most traders face is that they do not know how to correctly identify and find key support and resistance levels, which results in bad trade setups and results.

We help solve this problem by providing you with key traits and criteria we look for when identifying and finding support and resistance levels.

We also cover whether to draw in lines or zones when identifying support and resistance levels and also whether to draw in your support and resistance lines through the candle closes or candle wicks.

We also include some bonus and advanced techniques.

About this tutorial

Wysetrade published this 18:28 video tutorial on October 25, 2019. It has been watched 1,985,555 times on YouTube.

Channel
Wysetrade
Category
Education
Duration
18:28
Published
October 25, 2019
Views
1,985,555
Likes
84,936

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Further reading

  • 6 simple ways to find support and resistance levels blog.tradengine.org

    Many analysts use moving average to find support and resistance levels in the way that the indicator acts as support in an uptrend and acts as resistance during a downward trend. This would offer the chance of identifyi…

  • Support and Resistance Zones - A Simple Strategy to Trade ... tradingstrategyguides.com

    The Second Step to Identifying Support and Resistance Zones: The second step is waiting for the price action to touch the Zone. What you can do is set your charts on 2 to 4 currencies and wait for your chance, as it may…

  • Support and Resistance Basics - Investopedia investopedia.com

    At first, the explanation and idea behind identifying these levels seem easy, but as you'll find out, support and resistance can come in various forms, and the concept is more difficult to master ...

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