LESSON 12 ~12 MIN · AT YOUR OWN PACE
Your first guided practice
Put together what you have learned. No real money.
STEP 2 OF 4
2. Write an observation
This chart shows an illustration of Support at 99–101 and Resistance at 111–113. See where price turned. Keep your observation and your hopes separate.
AN EXAMPLE
“I saw price turn from the 111–113 area” = observation. “It will go down now” = uncertain prediction.
RememberYou are not hunting for a live signal; this is practice in reading a chart.
Sources and further reading
Sources in English · Content reviewed on 28 September 2026. We made the examples for learning; they are not broker recommendations.
CME Group · Practice and trade plan (opens in a new tab)Investor.gov · Order types (opens in a new tab)Fidelity · Support and Resistance (opens in a new tab)