"SUPPORT & RESISTANCE" is one of the most used techniques in technical analysis based on a concept that's easy to understand but difficult to master. It identifies price levels where historically the price reacted either by reversing or at least by slowing down and prior price behavior at these levels can leave clues for future price behavior. There are many different ways to identify these levels and to apply them in trading. "SUPPORT & RESISTANCE" levels can be identifiable milestones, congestion zones, or psychological levels (round numbers that traders care about). The longer the interval, the more relevant the levels become. Considering the most important of them, you can practice for hours. They exist due to the influx of buyers or sellers at important times. The fact that these levels change roles between "SUPPORT & RESISTANCE" can be used to determine market scope, reversal, jumps or failures. Each of these transactions will have its own rules for entry and exit.

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