← All lessons

Support and resistance

Levels you can measure: where swings stopped more than once. · 6 min

Charts in this lesson are generated. They are not real market data and predict nothing.

A level is a price where swings stopped more than once. Below the current price it is support, above it resistance. The engine finds levels by clustering swing prices that sit within about one candle’s typical range (0.92 here).

139.5141.4143.3145.2147.2Support 139.64 · 3 touchesResistance 147.00 · 3 touches

Worked example

support: swings at 139.51, 139.59, 139.83 → average 139.64
resistance: swings at 146.80, 147.03, 147.16 → average 147.00
Swing lows at 50.10, 49.95 and 50.20; typical candle range 0.40. Is there support?

Simulator round · Draw the support and resistance levels (up to three)

Generated chart. It is not real market data and predicts nothing.

Tap the chart at a price to draw a level. Tap a level again to remove it.

101.1102.7104.3105.9107.5