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The importance of Support and Resistance in trading

Pricing plans and indicator

Hi there, here's Daveatt from TradingView.

This framework is offered to our PREMIUM subscribers.

More info on our Pricing Plans

Supports and Resistances

In stock market technical analysis, support and resistance are certain predetermined levels of the price of a security at which it is thought that the price will tend to stop and reverse. These levels are denoted by multiple touches of price without a breakthrough of the level

Here's what you need to do:

  • Mark your areas of Support & Resistance (SR)
  • Wait for a directional move into SR.
  • Take profits a bit before a SR - giving you some margin for error

We're trading Stocks with the Algo Builder Crypto Universal 15-minutes and Algo Builder Stocks 30-minutes

A quite note

Each screenshot below is clickable and can be enlarged for better visibility

Twitter Stocks Intraday Signals

BATS:ERI

TradingView trade ERI GSX IBIO

BATS:GSX

ATRA ARWR AGIO

A quick review of a few Biotech Stocks we're trading

TradingView trade ATRA ARWR AGIO TradingView trade ATRA ARWR AGIO TradingView trade ATRA ARWR AGIO

Discord Stocks trades

BATS:SPCE

Asset: Virgin Galactic Holdings
Direction: Short
Timeframe: 15 minutes
TP1 price: 15.13
Pips gained: 0.5
Percentage move: 3.21%

TradingView trade Entry Signal Time 195 1630


INTC, MMM, CSCO

TradingView trade INTC MMM CSCO TradingView trade INTC MMM CSCO TradingView trade INTC MMM CSCO

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Do you want a better Trading Performance?

Hey, I'm Dave. I'm determined to make a trading account grow.
My only question is, will it be yours?

The signals and trading method frameworks are available to our VIP subscribers


About Dave


He is the co-founder of Best Trading Indicator. Previously a quant trader for a french bank in New York City, he's been trading full-time for the past 11 years.

Dave used to teach his professional traders how to use his trading algorithms.

Best Trading Indicator is 3 years old and already counts 1800 recurring subscribers profiting from our trading course and TradingView signals.

Learn more


Do you want a better Trading Performance?

Hey, I'm Dave. I'm determined to make a trading account grow.
My only question is, will it be yours?

The signals and trading method frameworks are available to our VIP subscribers