How to determine support/pressure levels

Support means that there are intensive transactions in this place. When the market falls here, there is support and it may rise. Pressure means that when the market rises here, there is pressure and it may fall. Find support in an upward trend and pressure in a downward trend.

Generally speaking, support/pressure consists of two major components:

1. The intensive trading area organized by K lines, such as the previous high and then low of the K line, as shown in the figure below, the low points of multiple K lines form support;

2. Price patterns, trend lines, such as rising triangles, rising trend lines, etc., as shown in the figure below, this trend line constitutes pressure on the market trend, and the K line will basically fall when it reaches this point.