Price action analysis / Resistance Level / Support Level / Trendline / How to draw the trend line

 Price action analysis

Price action analysis we can draw the resistance and support points of the price on chat

Resistance Level

 resistance means the upper level of the price from where it comes back hitting that point again and again  so it is called resistance

Resistance is also called supply zone because it has the need to supply more volume to the market when there is more volume then there will be a break and resistance will change into you the support 

Support Level

 support means the level of price from where it is up by hitting that point again and again so it is corrupt resistance

  support is also called I demand zone because it happened of washroom 2G market volume it will break support and go down and Support becomes the resistance level

Trendline

 trendline tells us about the market Trend whether the market is in an uptrend or a Trend

 the trendline shows us support and resistance

  trendline Act is a support and resistance

 For a valid trendline, we need two taps for resistance and support

How to draw the trend line

 we can track and line from the wick of the candlestick  to the body of the candlestick is from the body of the candlestick to the body of another candlestick



Price action analysis / Resistance Level / Support Level / Trendline / How to draw the trend line

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