Welcome
modules No. 1What Is Trading?
modules No. 2Why Use A.I. In Your Trading
modules No. 3Introduction to Our A.I. Platform: Chart+
modules No. 4How Each Market Works
modules No. 5Understanding Support and Resistance Levels
modules No. 6Mastering Trend Analysis
modules No. 7Introduction to Candlestick Analysis
modules No. 8Using AI For Candlestick Analysis
modules No. 9The Importance of Trendlines in Trading
modules No. 10The Role of Economic News in Trading
modules No. 11Moving Averages
modules No. 12Momentum Indicators: RSI
modules No. 13Introduction to MACD
modules No. 14Divergence & Convergence: Concepts & Applications
modules No. 15Currency Heat Map
modules No. 16Correlation Matrix
modules No. 17Currency Strength / Weakness Tracker
modules No. 18Key Reversal Signals in the Market
modules No. 19Introduction to Chart Pattern Analysis
modules No. 20Using AI for Chart Pattern Analysis
modules No. 21Entry, Stop Loss & Take Profit
modules No. 22Advanced Stop Loss Levels
modules No. 23Advanced Take Profit Levels
modules No. 24Managing Trades
modules No. 25Reviewing Your Performance
modules No. 26Trader Mindset
modules No. 27Trading Strategy – Building a Case to Take a Trade
modules No. 28Common Trading Mistakes and How to Avoid Them
modules No. 29The Path to Becoming a Consistent Trader
modules No. 30Next Steps: A.I. Chart Trader Pro Course
modules No. 31Quiz
modules No. 32Understanding Support and Resistance Levels
In this video, we will delve deeply into the important concept of support and resistance. Support and resistance are fundamental pillars in trading, serving as critical levels where price action can potentially reverse direction. Therefore, it is paramount for all traders, regardless of their level of experience, to have a solid understanding of this concept. Support and resistance levels are areas on a price chart where the price tends to stall, reverse, or experience significant volatility. Support represents a price level where buying interest is strong enough to prevent the price from falling further, while resistance represents a price level where selling pressure is significant enough to prevent the price from rising further. In addition to learning the theory, we will also look at how you can draw your own support and resistance on a chart. So, join us as we delve into this important concept and equip you with the knowledge and tools you need to become a more confident and profitable trader.