Resistance and Support zones

Hello
Someone told me that when making resistance zones the top of the highest candlestick body is the bottom of the resistance zone and the highest high shadow is the top the resistance zone, is this true?

Only backtesting of this principle will show its true or not. S/R zones are considered to be an area not line and the wider you make it the less chances it has to hit your SL, cuz sometimes there can be a breakthrough of this zone with reversal later. Your goal is to place your order away enough so it doesn’t hit your SL

The resistance level, just as the support level, aren’t identified only by touching the candle or its shadow. The price has to get away from this level several times.

Well, most of the times support and resistant works as a zone! In this case, you need to draw two levels by horizontal line! Don’t count reversal trade position if market touches only 1st level, if you have enough trading equity then only you can trade on 1st level, and surely you’ll set your TP and SL above second level! Hope this help!

You ask 10 traders to draw a level of s/r and you’ll likely get 10 different levels. Use whatever works for you. However I can highly recommend camarilla levels.

A resistance zone is an area above the current price level where price is likely to struggle to move beyond and may reverse, and should have held as a barrier to price action in the past. A good resistance zone should also have served as an area of support recently. Here’s is a resistance zone (in sandlebrown-coloured horizontal lines) on the H4 timeframe for the AUDJPY.