🧭 Support and Resistance Levels
📌 What are Support and Resistance?
Support is where demand exceeds supply, stopping a fall and often reversing price upward. Resistance is where supply exceeds demand, preventing further rises.
✏️ How to Draw Them?
🔽 Support
- Line connecting previous lows.
- Can be horizontal or positively sloped.
🔼 Resistance
- Line connecting previous highs.
- Can be horizontal or negatively sloped.
💡 Practical Tip
Correctly identifying these levels helps plan entries/exits, set precise stops, and improve trade effectiveness.
📢 ANÚNCIO - Use o Ad Inserter