In this course you will learn about the foundtations of trading supprot and resistance
Step 1: Understand the Concepts
Support: A price level where a downtrend can be expected to pause due to a concentration of demand. As the price of an asset drops, demand for the shares increases, forming the support line.
Resistance: A price level where an uptrend can be expected to pause due to a concentration of selling interest. As the price rises, more sellers emerge, forming the resistance line.
