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Dunn To PerfectionFoundation

Technical Analysis · Module 2: Trends, Levels & Structure · Lesson 2

Support & Resistance

Intermediate 6 minLesson 4 of 12

Learning objectives

  • Explain support & resistance in plain language
  • Understand why it matters to markets
  • Recognise a common misconception

The concept

is an area where buying has previously slowed declines; is where selling has slowed advances.

Why it matters

These areas help frame where reactions have occurred before.

Interactive chart — hover or tap each part

ResistanceSupportCloseOpenHighLow
Body — the range between open and close. Gold/filled here means close was above open (a rising period).

Educational illustration · not a live price or trading recommendation

How markets interpret it

Round numbers (e.g. 2,400) often act as psychological levels.

Key takeaways

  • Levels are zones, not lines.
  • Broken support can become resistance.

Knowledge check

Support is best described as…

Key terms · hover or tap for a definition

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