Drawing tools

How to Draw Sloping Support and Resistance Levels

Look at the chart and determine the direction of the price movement.

Draw the support level first if a trend is ascending.

The support level is drawn on the lowest prices, that is, the lower shadows of the candlesticks.

Choose a few lowest prices and draw an upward line through them using the trend line tool.

Then draw the resistance level.

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The resistance level is drawn on the highest prices, that is, the upper shadows of the candlesticks.

Choose a few highest prices and draw a line through them.

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