36. Support / Resistance


36. Support / Resistance

Support and Resistance levels work for entry and exit. 


We make it simple, suggesting a cycle low is normally what we call support and a cycle high (Swing High) is resistance.

  • Once above the swing high, then what was resistance is now called Support. Yes, resistance becomes support after it is above this level.

When buying support or selling resistance, consider other trade models -

  • The 4 to 9 bar cycle count
  • Divergence
  • Extended cycle counts
  • Indicator buy / sell zones
  • Start to piece the puzzle together. 

When you do decide to take the fade entry, try to reach for your first fill price and not to go all in on the first order, but rather scale into and out of trades. 


Past performance is not necessarily indicative of future results.




Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.