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Thread: How to draw the resistance and support line on candle chart.

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    Member ashwini is a jewel in the rough ashwini is a jewel in the rough ashwini is a jewel in the rough ashwini's Avatar
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    yap .. resistance and support centre ke liye .. bahut sare .. system hain.. jaise maine yahan kia hain.. draw karke.. yaa fir .. app web sites se pivot points follow kar sakte ahin. ..ya fir khud calculation kar sakte hain. calculation main bhi do se teen kisam ka calculation hain.. jiske sahare app easily trade kar sakte ahin.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member adam88 is on a distinguished road adam88's Avatar
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    Support and resistance points that you can portray in the chart by relying on technical analysis or by drawing on Fibonacci is one of the strongest ways in which you define support and resistance points on the chart and a lot of traders depend on them

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    thanks very much for your time taken to analysis the best point to identify the support and resistance i know all newbies can gain fromthis vital strategy because the support and the resistance are the important area to work on, best of luck as we trade and happy trading

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by ashwini View Post
    here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

    this is blank chart.. of 1 hr
    Attachment 597

    after that u draw the horizontal line with the help of
    insert>lines>horizontal line

    like this
    Attachment 598

    after u can also draw the rectangler , triangle, or ellipse
    insert>shapes> triangle..ellipse. rectangle..

    u r chart look like this..
    Attachment 600

    now i mark the arrow mark .. where u enter
    Attachment 599

    with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

    Attachment 601

    so its ready now u make know easily where the market is gone and when u exit.. when u enter..

    plz share the comment ... how its look like ..
    bohut he achi fundamental ki wi hai app na
    is say hum kafi kuch seekh sakta hain agar humaya chahain tu
    agar app kay pass aur knowledge hai tu please humara sath share karain

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #14
    Senior Member Kites is an unknown quantity at this point Kites's Avatar
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    Quote Originally Posted by ashwini View Post
    here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

    this is blank chart.. of 1 hr
    Attachment 597

    after that u draw the horizontal line with the help of
    insert>lines>horizontal line

    like this
    Attachment 598

    after u can also draw the rectangler , triangle, or ellipse
    insert>shapes> triangle..ellipse. rectangle..

    u r chart look like this..
    Attachment 600

    now i mark the arrow mark .. where u enter
    Attachment 599

    with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

    Attachment 601

    so its ready now u make know easily where the market is gone and when u exit.. when u enter..

    plz share the comment ... how its look like ..
    Yes my brother, but in a line chart we can find support and resistance lines using RSI indicator, the RSI indicator give good highs or lows with more precision and they are very clear, there are also other methods to find these points using tracking trends.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member eoneadit is on a distinguished road eoneadit's Avatar
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    from what i learn from another mentor, he said that, i should put a /sr line at the price where is was touch 2 or 3 times being touch on high or low. to make easier, i put a zigzag indicator and look in higher time frame. it seem that, those s/r quite valid at the tip of zigzag indicator.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  7. #12
    Highly Reputed Member ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara's Avatar
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    Thanks, it was a good illustration from you. The application of trend lines has many different ways to achieve that. We should pay close attention to using the one that worls well for us as forex traders.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  8. #11
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    Quote Originally Posted by abbey ak View Post
    okay thanks very much for your time taken to analysis the best point to identify the support and resistance i know all newbies can gain fromthis vital strategy because the support and the resistance are the important area to work on, best of luck as we trade and happy trading
    trade that we conducted based on a trading process that we run with every process and procedure we look at every opportunity we can achieve the best possible, so that we as traders should be able to calculate support and resistance points for the better again

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #10
    Senior Member Nabi Ahmed Gill is a jewel in the rough Nabi Ahmed Gill is a jewel in the rough Nabi Ahmed Gill is a jewel in the rough Nabi Ahmed Gill's Avatar
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    Quote Originally Posted by ashwini View Post
    here i share some easiest method to draw the resistance and support line on chart.. its help to trade and also help to given the sl and tp. target.

    this is blank chart.. of 1 hr
    Attachment 597

    after that u draw the horizontal line with the help of
    insert>lines>horizontal line

    like this
    Attachment 598

    after u can also draw the rectangler , triangle, or ellipse
    insert>shapes> triangle..ellipse. rectangle..

    u r chart look like this..
    Attachment 600

    now i mark the arrow mark .. where u enter
    Attachment 599

    with this u can use the exponential moving average of 5period (yellow ), 15 period (red)

    Attachment 601

    so its ready now u make know easily where the market is gone and when u exit.. when u enter..

    plz share the comment ... how its look like ..
    trading main sub sa acha or sub sa best indicator jo mujha lagta ha wo ha candle stick mara ko ya indicator boht he passand ha or main es ko used be kar raha hoon mujaa es ko used kar ka boht sara profit eanred hota ha es laya mujaa ya indicator obht passnad ha.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. The Following 6 Users Say Thank You to Nabi Ahmed Gill For This Useful Post:

    Ahmadali (2019-08-30), Alizahid (2020-11-09), bonegz (2013-07-16), raheel001 (2020-11-01), shani125 (2020-12-02), wajiappricot (2014-09-27)

  11. #9
    Member naziafarhan will become famous soon enough naziafarhan will become famous soon enough naziafarhan's Avatar
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    Thanks for your valuable post this post will help us to find the key areas where the price may find problem to go through or where the price may reverse. Thanks for sharinh it with us. I will follow this thread. Thanks.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  12. The Following 4 Users Say Thank You to naziafarhan For This Useful Post:

    Ahmadali (2019-08-30), Alizahid (2020-11-09), raheel001 (2020-11-01), shani125 (2020-12-02)

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