Dynamic vs Static Support and Resistance

Most traders learn about SUPPORT AND RESISTANCE as horizontal lines on a chart. Those horizontal levels — drawn from previous swing highs and swing lows — are what professional traders call STATIC SUPPORT AND RESISTANCE. They stay fixed at one price, regardless of what happens next. Key Takeaways Static levels are horizontal; dynamic levels move … Read more

How to Draw Support and Resistance Levels

Quick Answer: Draw support and resistance by identifying clusters of swing highs and lows where price has reversed multiple times. Use zones (not exact lines) — typically 0.5-1% wide. Start with higher timeframes (weekly, daily), mark obvious levels, then refine on lower timeframes. Zones with high volume are the most significant. Key Takeaways SUPPORT AND … Read more