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• Downtrend: Connect falling highs for resistance
• Sideways: Look for equal highs/lows
• Downtrend: Each High < Previous High AND Each Low < Previous Low
• Sideways: Highs ≈ Equal AND Lows ≈ Equal
2. Click "Mark High" at peaks and "Mark Low" at valleys
3. See if your pattern matches the correct trend type
• Use middle timeframe for timing
• Lower timeframe for precise entry
• Weak Signal: Mixed timeframes = Wait for clarity
• Reversal: Watch for lower timeframe leading the change
2. Observe how trends align or conflict across timeframes
3. Note how mixed signals create trading uncertainty
• Tight ranges = explosive breakouts
• Volume confirms breakout validity
• Reversal Pattern: Trend Exhaustion + Consolidation = Opposite Direction
• Breakout Strength: Pattern Duration + Volume Spike = Move Magnitude
2. Predict breakout direction using buttons
3. Learn which factors influence breakout probability
Trend
Simple: The general direction prices are moving.
Beginner: A trend is the overall direction of price movement, either up, down, or sideways over a specific period.
Advanced: A trend represents the persistent directional bias in price action, characterized by successive higher highs/lows (uptrend) or lower highs/lows (downtrend).
Uptrend
Simple: Prices making higher highs and higher lows.
Beginner: An uptrend occurs when each price peak is higher than the previous peak and each valley is higher than the previous valley.
Advanced: A sustained upward price movement characterized by ascending peaks and troughs, indicating dominant buying pressure.
Downtrend
Simple: Prices making lower highs and lower lows.
Beginner: A downtrend happens when each price peak is lower than the previous peak and each valley is lower than the previous valley.
Advanced: A persistent downward price movement marked by descending peaks and troughs, reflecting dominant selling pressure.
Higher High
Simple: A peak that's higher than the last peak.
Beginner: A higher high is when the current price peak exceeds the previous price peak, a key component of uptrends.
Advanced: In technical analysis, a higher high represents a new local maximum that exceeds the prior swing high, confirming bullish momentum.
Lower Low
Simple: A valley that's lower than the last valley.
Beginner: A lower low occurs when the current price valley drops below the previous valley, characteristic of downtrends.
Advanced: A lower low signifies a new local minimum below the prior swing low, confirming bearish momentum in price action.
Consolidation
Simple: Prices moving sideways in a range.
Beginner: Consolidation is a period when prices trade within a relatively tight range, showing indecision between buyers and sellers.
Advanced: A consolidation phase represents equilibrium between supply and demand, often preceding significant breakout moves.
Breakout
Simple: When price moves strongly out of a range.
Beginner: A breakout occurs when price moves decisively above resistance or below support, ending a consolidation period.
Advanced: A breakout signifies the resolution of consolidation through a directional price move that exceeds key technical levels.
Timeframe
Simple: How much time each chart bar represents.
Beginner: A timeframe is the period each candlestick or bar represents, such as 1-minute, 1-hour, or 1-day charts.
Advanced: Timeframes represent different sampling intervals of price data, each revealing distinct patterns and trends relevant to various trading styles.
Multi-timeframe Analysis
Simple: Looking at the same stock on different time charts.
Beginner: Multi-timeframe analysis involves examining price action across different time periods to confirm trend direction and timing.
Advanced: A comprehensive approach that analyzes price structure across multiple temporal dimensions to identify high-probability trading setups with aligned momentum.
• More touches = stronger level
• Recent levels matter more than old ones
• Draw zones, not single lines
• Resistance Strength = Rejection Frequency + Time Since Break
• Zone Width = Price Range Where Reactions Occur
2. Click "Draw Support" at bounce points and "Draw Resistance" at rejection points
3. See accuracy feedback and learn proper placement
• Volume spikes at level = institutional interest
• Multi-timeframe alignment = higher reliability
• Recent levels > old levels
• Strong: 8+ points, Medium: 5-7 points, Weak: <5 points
2. Click "Analyze Selected Level" on any level
3. See strength rating and contributing factors
• Former resistance becomes support on retest
• The stronger the original level, the stronger the flip
• Wait for confirmation before trading flips
• Resistance → Support: Price breaks above resistance → pulls back to retest → bounces off former resistance level
2. Observe how levels change roles after breaks
3. Understand the psychology behind each flip type
Support
Simple: A price level where buying tends to start.
Beginner: Support is a price level where enough buyers enter to prevent further decline, creating a floor for prices.
Advanced: A support level represents a price zone where demand overwhelms supply, halting declines and often triggering reversals.
Resistance
Simple: A price level where selling tends to start.
Beginner: Resistance is a price level where enough sellers enter to prevent further advance, creating a ceiling for prices.
Advanced: A resistance level marks a price zone where supply overwhelms demand, stopping advances and often causing pullbacks.
Flip Zone
Simple: When old support becomes new resistance or vice versa.
Beginner: A flip zone occurs when a broken support level later acts as resistance, or a broken resistance level later acts as support.
Advanced: Role reversal zones where previous support/resistance levels switch functions after being decisively broken, creating high-probability trade setups.
Psychological Level
Simple: Round numbers that traders pay attention to.
Beginner: Psychological levels are round numbers like 50, 100, or 1000 that attract trader attention and often act as support/resistance.
Advanced: Price levels at significant round numbers that attract disproportionate market attention and order flow due to cognitive biases.
Zone vs Line
Simple: Support/resistance areas vs exact prices.
Beginner: Support and resistance work as zones (price areas) rather than exact lines, giving some room for error in analysis.
Advanced: The concept that true support/resistance manifests as price bands rather than precise levels, accounting for market noise and execution spreads.
Level Strength
Simple: How reliable a support/resistance level is.
Beginner: Level strength measures how likely a support/resistance level will hold based on touches, volume, and time factors.
Advanced: A quantitative assessment of support/resistance reliability based on historical touches, volume confirmation, timeframe alignment, and recency.
Break of Support/Resistance
Simple: When price moves through a key level.
Beginner: A break occurs when price moves decisively through support or resistance, often leading to significant follow-through movement.
Advanced: The penetration of a significant technical level with confirming volume and momentum, often triggering algorithmic trading and trend changes.
Retest
Simple: When price returns to a broken level.
Beginner: A retest occurs when price returns to a recently broken support or resistance level to confirm the break was valid.
Advanced: The phenomenon where price revisits a breached technical level, testing whether the break will hold or reverse, creating key decision points.
Whole Number Effect
Simple: Markets care about round numbers.
Beginner: The tendency for round numbers to act as psychological support/resistance due to human preference for simplicity.
Advanced: Behavioral finance phenomenon where round numbers attract disproportionate attention, order flow, and media coverage, creating technical significance.
