WAIT FOR DIPSDON'T CHASE LOCKSCHECK THE LEADERWATCH MARKET HOURSSMALL SIZE FIRSTYOU CAN TAKE PROFITDON'T FORCE A TRADECHECK THE CHARTWAIT FOR CONFIRMATIONSKIP CHOPPY ROUNDSPRICE MATTERS TOONO SIGNAL = WAITLEADERS CAN CHANGEDON'T TRADE EVERY ROUNDLOSING STREAK? STOPNEVER CHASE LOSSESNOT EVERY CALL WINS
Structure

Support

A price area where declines previously slowed or reversed.

What to notice

Look for several reactions in a zone, not a magic exact number. Old lows, prior consolidation and retests can all help describe a zone.

The context that matters

A support test is stronger as an observation when price responds there and a closed candle confirms the response. Support can fail.

Common mistake

Moving a support line after every new low so that it can never be wrong.

Try it on a chart

Draw a narrow zone around a past reaction, then note whether the next test holds, breaks or briefly pierces it.

Open Paper Signal Lab

Paper Signal Lab provides educational chart analysis and simulated research. Patterns and historical paper outcomes do not guarantee future market results. Public research does not grant real-money trading access.