Welcome back to another edition of Learning the Ropes! Originally, this article was planned to be the start of our intermediate patterns discussion. But the more I thought about it this week, the more I realized that there’s a more important step before we move on to those patterns. Back around our second article we covered very basically, support and resistance levels and how to identify them. That said, it was a pretty short run down without much depth, so now we’re going to cover that same topic and really break down the understanding behind it. Specifically, we’re going to discuss levels, which really is just another term for “support and resistance”. So let’s break into it.