10d • General discussion
Charting Basics — Step 2: Weekly Levels, Support & Resistance, and Reading the Story
This is Step 2 of the Charting Basics series, where we move from the big picture into structure and expectation.
After identifying the overall trend on the monthly chart, we drop down to the weekly timeframe to refine our levels and start letting the chart speak for itself.
What we cover in this video:
- Marking the previous week high and previous week low
- Identifying weekly swing highs and swing lows that weren’t clear on the monthly
- Defining key support and resistance zones
- Highlighting areas where price is most likely to react, pause, or accelerate
- Learning how to build a narrative based on structure instead of opinion
This step is where the chart starts telling a story.We’re not predicting — we’re outlining probable paths and preparing for what price may do next, both to the upside and downside.
By the end of this step, you should be able to:
- See where price has memory
- Understand where buyers or sellers are likely to defend
- Approach the market with scenarios, not guesses
Context first. Structure second. Execution comes later.
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Charting Basics — Step 2: Weekly Levels, Support & Resistance, and Reading the Story
