Lines

Horizontal lines and rays (support and resistance)

A level line marking a price where the market has turned before and may react again.

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Die Idee in einfachen Worten

Traders remember prices. A level where buyers stepped in before (support) or sellers appeared (resistance) often matters again, because people who missed it last time place orders there.

So wird gerechnet

Click once at the price. A horizontal ray starts at your click and runs to the right.

A single price: support below the market, resistance above it

Anwendung

  • Mark recent highs and lows, round numbers and earlier breakout levels.
  • Place alerts on the line: select it and press "Alert at this price".

Schlüsse ziehen

  • When resistance breaks, it often becomes support (and vice versa).
  • The more often a level was tested, the more attention it gets, but each test can weaken it.

Beispiel

GOLD has turned down three times near 2,400. A horizontal line at 2,400 marks resistance; a daily close at 2,420 is a breakout, and the old ceiling then acts as a floor on the pullback.

Kurse in Beispielen dienen der Veranschaulichung.

Worauf man achten sollte

  • Levels are zones, not exact prices: allow a little room.

Ein wenig Geschichte

Support and resistance are the foundation of chart reading, described in classic texts such as Edwards and Magee's "Technical Analysis of Stock Trends" (1948).

Nur Bildungsinhalte. Kein Indikator und kein Muster sagt die Zukunft voraus, und nichts hier ist eine Anlageberatung.