Price Action, Support and Resistance Strategy

Learn a price action trading strategy using support and resistance levels. This tutorial explains how to identify and trade key market turning points on any tim

Published · Updated · Methodology: Price Action

Part of: Support & Resistance

  • Methodology: Price Action
  • Content type: strategy

Indicators used

  • Price Action
  • Support and Resistance

Source video

Decoded from: Price Action Trading Strategy | Support and Resistance by Trading with Rayner — watch the original

Strategy overview

Support and resistance is the practice of reading price against the levels where earlier buying or selling turned the market, and price action is the habit of judging those levels by what the candles do at them rather than by what an indicator says. What is unusual about this entry is how little its title asks you to believe: "Price Action Trading Strategy | Support and Resistance" is a category and a subtopic separated by a pipe — no instrument, no timeframe, no year, no superlative, no promised result. Most strategy videos sell something in the title; this one names its subject and stops.

The decoded record echoes that restraint to the point of tautology. The toolkit holds exactly two entries — price action and support and resistance — which is the title again, and the methodology field repeats the first of them. Nothing was added in the decoding and nothing was pinned down: no timeframe, no session, no instrument, no chapter markers, and no indicator settings, because there is no indicator to configure. Read positively, that emptiness is the argument: the pairing itself is a claim of sufficiency, that a chart carrying nothing but candles and horizontal levels is already a complete working surface.

What the record cannot tell you is the part that decides whether such an approach works — how a level is chosen, how many touches make it credible, how price must behave on the return, and where risk sits relative to the line. No rules were extracted from this video, so this page rests on the concept and the source rather than on a rule-by-rule breakdown. The channel, Trading with Rayner, is named for a person rather than a system or an acronym, which fits the shape of what was captured: a lesson attributed to a teacher, portable across markets and timeframes precisely because it commits to neither.

Topics

price action · support and resistance · trading strategy · tradingview strategy · technical analysis · market structure · forex strategy · stock trading strategy · swing trading · day trading · how to trade support and resistance

Frequently asked questions

What is a price action support and resistance strategy?

It trades from levels where price has previously turned — prior swing highs and lows, or areas that repeatedly stopped a move — and reads the candles at those levels to judge whether the level is holding or breaking, instead of relying on indicator signals.

Which indicators does this strategy use?

None. The decoded toolkit lists only price action and support and resistance, so the chart is candles plus manually drawn levels. There are no indicator settings captured in this record, because there is no indicator to configure.

What timeframe and market is it for?

The record fixes neither — no timeframe, session or instrument was captured, which is consistent with a general lesson rather than a specific setup. Support and resistance is normally taught as timeframe-agnostic, with a level carrying more weight the higher the timeframe it was formed on.

How can I evaluate a support and resistance approach like this one?

Write down your own rules for drawing the levels and for entering before you test anything, since discretion in level selection is what makes these approaches hard to compare or backtest. Strategy Decoder catalogues strategies from video sources; for this video no rules were extracted, so this page covers the concept and its source rather than a rule set.

Who is behind this strategy?

It comes from the YouTube channel Trading with Rayner, in the video "Price Action Trading Strategy | Support and Resistance". The channel is named after a person rather than a branded method, and the decoded record reflects that — a teaching piece rather than a packaged system.

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

Strategy Decoder catalogs 2,229 decoded strategies. Each one is extracted with confidence scoring, cross-linked to the indicators it uses, and kept up to date as new videos are processed daily. Load this page with JavaScript enabled to use the interactive tools, or start from the strategy explorer to filter by methodology, market and timeframe.

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