Quantitative Trading Edge Overview of technical analysis with sample trades Overview of Support and Resistance Support and Resistance are key eelement in technical analysis used to identify price levels and direction on charts where an asset tends to reverse or pause its trend. Support • A price level where the demand is strong enough to prevent the price from falling further. • Often indicates a potential "floor" where buyers step in, creating upward pressure. Resistance • A price level where sellers are strong to prevent the price rising further. • Acts as a "ceiling" where sellers dominate, leading to downward pressure. A sample image below marking support and resista...