Free lessons › Key Levels & Market Structure › Acceptance vs. Rejection
Quiz: Label the level
Identify which level is which on 8 unlabeled charts.
6 min · Beginner
What you'll learn
- Name a level correctly as support, resistance, demand, supply, flipped level or protected swing
- Use a short question sequence to identify any level quickly
- Check your labels against the higher timeframe before trading
Key takeaways
- Each level label brings its own expectation and plan.
- Five questions name any level: location, history, acceptance, protection and timeframe.
- Turns make support and resistance, while launches make demand and supply.
- Relabel a level after it is broken and accepted.
Glossary
- Fresh zone — A supply or demand zone that price has not returned to since it formed, usually giving the strongest reaction.
- Flipped level — A level that changed roles after being broken and accepted, such as resistance becoming support.
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