Support and Resistance Workbook: Marking Levels, Drawing Trendlines, and Reading Structure

Identifying support and resistance well requires judgment built through practice — knowing which price touches count, where to anchor a trendline, and when a level is strong versus weak. This workbook course builds that judgment through a structured series of annotation exercises with annotated feedback, progressively challenging your ability to read price structure on fictional chart scenarios. By the end of this course you will be able to identify and label significant horizontal support and resistance levels on a chart using objective criteria, draw valid trendlines and channels on up-trending and down-trending price series, evaluate the relative strength of identified levels using a scoring rubric, and document a complete structural analysis of a chart in a consistent, repeatable format. What you will learn: - Horizontal level identification exercise: selecting which price zones qualify as significant using touch count and reaction size - Trendline drawing drill: anchoring correctly to swing points on up-trends and down-trends - Channel construction: drawing the parallel return line and interpreting price behavior at the boundaries - Role reversal identification: marking a level that has transitioned from support to resistance or vice versa - Level strength scoring: applying a rubric based on number of touches, time elapsed, and reaction magnitude - Confluence zone identification: combining horizontal levels and trendlines to find high-weight price zones - Pivot point mapping exercise: calculating and plotting standard pivot levels from a fictional prior-period price bar - Full structural analysis exercise: producing a complete annotated chart summary for an unannotated fictional price series Each module presents a fictional price chart and guides you through the relevant annotation task using a step-by-step worksheet. After completing each exercise, you review an annotated reference version with explanations of key decisions and common mistakes. The final module presents an unannotated series and asks you to produce a complete structural analysis without prompting. This course is written for developing technical analysts who understand level concepts and want to build consistent, objective chart markup skills, as well as for traders whose current level identification process is too subjective or inconsistent. Basic chart reading familiarity is assumed. This course is informational and educational; it does not constitute trading or investment advice.