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