2 simple questions about support/resistance/trend lines

Beginner Questions
1
  1. I’ve seen a few people who prefer using a line chart to draw their support, resistance and trend lines, which they then change back to a candlestick chart once they’re done. This effectively means that the wicks of the candlesticks are ignored. Should you ignore candle wicks when drawing support, resistance or trend lines on a chart?
  2. Is it better to think of support, resistance and trend ‘lines’ as areas rather than definitive lines, or are these lines invalidated the second price level crosses them?

Thanks!! :slight_smile:

2

[QUOTE=JRC;531198]1. I’ve seen a few people who prefer using a line chart to draw their support, resistance and trend lines, which they then change back to a candlestick chart once they’re done. This effectively means that the wicks of the candlesticks are ignored. Should you ignore candle wicks when drawing support, resistance or trend lines on a chart? Doesn’t matter whatever works for you.
2. Is it better to think of support, resistance and trend ‘lines’ as areas rather than definitive lines, or are these lines invalidated the second price level crosses them? Some support/resistance lines go back years & they get respected each time they are hit. keep your eyes open on other trader’s charts for them. Also when broken resistance becomes support & vice versa.

Thanks!! :slight_smile: