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Support Chart Paper: easy document editing

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Pick your favorite chart type. This first step is really simple and should be complicated. Identify all swing highs and lows. Then, you want to identify all the highs and lows you see on your chart. Add lines to connect the highs/lows.
1:07 6:55 Suggested clip Powerful Way To Draw Support And Resistance Zones on YouTubeStart of suggested client of suggested clip Powerful Way To Draw Support And Resistance Zones on
First resistance (R1) = (2 x PP) Low. First support (S1) = (2 x PP) High. Second resistance (R2) = PP + (High Low) Second support (S2) = PP (High Low) Third resistance (R3) = High + 2(PP Low) Third support (S3) = Low 2(High PP)
1:07 6:55 Suggested clip Powerful Way To Draw Support And Resistance Zones on YouTubeStart of suggested client of suggested clip Powerful Way To Draw Support And Resistance Zones on
1:57 10:10 Suggested clip How to Draw Support and Resistance in Forex. Walk-through Guide YouTubeStart of suggested client of suggested clip How to Draw Support and Resistance in Forex. Walk-through Guide
Mark your areas of Support & Resistance (SR) Wait for a directional move into SR. Wait for price rejection at SR. Enter on the next candle with stop loss beyond the swing high/low. Take profits at the swing high/low.
3:18 18:24 Suggested clip How to Draw Support and Resistance (My Secret Technique YouTubeStart of suggested client of suggested clip How to Draw Support and Resistance (My Secret Technique
Peaks and Troughs Then find the lowest bottom and mark it as the All-Time Low (ATL). In the example below, we have a chart showing prices are in a downtrend. You mark each peak and trough with a short horizontal line. In a downtrend, each lower low will be a support level and each lower high will be a resistance level.

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