Support & resistance
Trend & Structure
Prices have memory
Levels where price reversed before attract orders again. Anchoring is human nature. The more touches and the more volume at a level, the more it matters. Broken support becomes resistance.
Check yourself
Support at $50 breaks. On the retest of $50 from below, expect…
- Support again
- Resistance, trapped buyers sell at break-even correct
- Nothing
Everyone who bought $50 support is underwater; they sell relieved at break-even. Polarity flip.
Learn this properly
This term has a full interactive lesson in Wick — the chart, the pattern to tap, and a live practice terminal to try it on. Free to start.
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