Daniel Inskeep | How to Draw Support & Resistance for Better Trading @DanielInskeep | Uploaded January 2021 | Updated October 2024, 4 hours ago.
In this video, I break down support and resistance and why it's important for you to know about.
Support shows price areas where buyers step up and keep the price from falling below. Resistance is the area where sellers apply a lot of pressure to keep the price from going above. Knowing how to mark these levels on your charts can help you identify good entry points for your trades!
If you want to support my channel, check out the following:
➦ Get 2 FREE stocks when you signup for Webull and deposit $100: bit.ly/antiguruwebull
➦Open a Roth IRA: https://m1.finance/kVw5phu7wFFW
➦ Automatically Save w/ Acorns: bit.ly/antiguru-acorns
➦ Tubebuddy for YouTube: tubebuddy.com/antiguru
➦ My microphone: amzn.to/2FN5ixf
➦ This mic activator (for better sound): amzn.to/2FCUli7
➦ Vlogging camera: amzn.to/2Ha3ejN
➦ My huge wall calendar: amzn.to/3hEiZvU
I use all of the above services/products, so they are genuine recommendations. They are also affiliate links which means I get paid a small amount (at no cost to you) if you sign up / buy with those links.
Check out my music on Spotify:
➦ spoti.fi/2WTkXSv
Put my music in your videos:
➦ geni.us/mangostreetmusic
My website:
◉ danielinskeep.com
My main channel on photography:
◉ youtube.com/mangostreet
My wife's fitness channel:
◉ youtube.com/rachelgulottafitness
#stockmarket #personalfinance
0:00 Intro
0:38 Three Types of Analysis
1:55 What is Support & Resistance?
2:36 How to Find It
5:25 Trendlines
6:59 S/R Flip
7:51 Fakeouts
8:20 Patience & Practice
9:41 FInal Thoughts
In this video, I break down support and resistance and why it's important for you to know about.
Support shows price areas where buyers step up and keep the price from falling below. Resistance is the area where sellers apply a lot of pressure to keep the price from going above. Knowing how to mark these levels on your charts can help you identify good entry points for your trades!
If you want to support my channel, check out the following:
➦ Get 2 FREE stocks when you signup for Webull and deposit $100: bit.ly/antiguruwebull
➦Open a Roth IRA: https://m1.finance/kVw5phu7wFFW
➦ Automatically Save w/ Acorns: bit.ly/antiguru-acorns
➦ Tubebuddy for YouTube: tubebuddy.com/antiguru
➦ My microphone: amzn.to/2FN5ixf
➦ This mic activator (for better sound): amzn.to/2FCUli7
➦ Vlogging camera: amzn.to/2Ha3ejN
➦ My huge wall calendar: amzn.to/3hEiZvU
I use all of the above services/products, so they are genuine recommendations. They are also affiliate links which means I get paid a small amount (at no cost to you) if you sign up / buy with those links.
Check out my music on Spotify:
➦ spoti.fi/2WTkXSv
Put my music in your videos:
➦ geni.us/mangostreetmusic
My website:
◉ danielinskeep.com
My main channel on photography:
◉ youtube.com/mangostreet
My wife's fitness channel:
◉ youtube.com/rachelgulottafitness
#stockmarket #personalfinance
0:00 Intro
0:38 Three Types of Analysis
1:55 What is Support & Resistance?
2:36 How to Find It
5:25 Trendlines
6:59 S/R Flip
7:51 Fakeouts
8:20 Patience & Practice
9:41 FInal Thoughts
