All Concepts

Support & Resistance

Key price levels where supply and demand shift.

What it is

  • •Key price levels where supply and demand shift.

How Candle Whisperer uses it

  • •Support & Resistance is evaluated as part of the NO_TRADE decision framework.
  • •Related conditions: SUPPORT, RESISTANCE, KEY_LEVEL
  • •Often evaluated together with Location and Key Levels.

Doctrine Rules

  • •S/R levels from higher timeframes are more significant
  • •Multiple confluent levels create stronger zones
  • •Previous support becomes resistance (and vice versa)

Common Mistakes

  • •Underestimating the importance of support & resistance in trade decisions.

Quick Checks

  • •Check: S/R levels from higher timeframes are more significant
  • •Check: Multiple confluent levels create stronger zones
  • •Check: Previous support becomes resistance (and vice versa)

Related Concepts

Educational only. This is training material, not financial advice or trading signals.

Linked from tags: SUPPORT, RESISTANCE, KEY_LEVEL