For traders, one concept that is hard to figure out happens to be support and resistance .   This may happen because you rarely notice support and resistance until you actually encounter it, and even when that happens without using multiple timeframes it can be hard to recognize what is actually happening . 

There is a lot of effort and time that go into using technical analysis training to figure out where the levels of support and resistance happen to be in the market .   A variety of tools have been put to use, including those like candlesticks, moving averages, candlesticks, as well as retracement levels.

Some work, some do not , and more frustrating , some may not work all the time, but some of the time.   Knowing when a tool or indicator will be reliable is information worth a lot of money .

Most efforts fall short because they attempt to use a single tool , and try to apply it to a single timeframe , and try to apply it under all circumstances .   You reap better results when various tools, optimized for a particular condition of the market , are used in a program that is organized and thought out that keeps in mind congestion and trend action .  Technical analysis training will show that further progress towards accuracy will occur as you use various tools and apply them to different timeframes and various results are considered .

You get the best results when you use a total theory of action on the market that shows a trader the market and it’s current status, and why it is doing it , what is probably going to happen in the near future , and to give traders a look at what levels of support and resistance may be that as the market goes forward can be monitored .

Sound tough ?  Possibly, but various systems of technical analysis have been able to accomplish this feat.

The following are several definitions.

Something below price is support, and it is a force that when encountered pushes price back up into the range from where it came . It consists of buyers who are present in the market but awaiting the time to make a move until price reaches a certain level , or of those short position holders that have to buy if the market begins going against them.   This group of buyers that flock around a particular price that causes support to act like support .

Something above price is resistance, and it is a force that when encountered pushes price back down into the range from where it came . This includes those sellers waiting to make a move until price reaches a certain level , or of long position holders who may be forced to sell if the market runs against them . 

Both resistance and support can be easily identified with technical analysis that is conventional such as a 10 period moving average . Or this can be represented with a system that is more evolved that you learn about by technical analysis training , Drummond Geometry being one example.

With this method we see a more evolved use of tools in order to create more time period overlays of resistance and support areas to a daily chart, coming from the weekly and even the monthly charts. These more evolved methods provide traders with more support when making decisions to buy or sell . When using this method you can project into the future areas of support or resistance, so the trader can prepare himself as the market steps forward .