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Resistance Level R1

Definition of 'Resistance Level R1'

R1 is the first resistance level. It usually falls above the pivot point and below R2 but there are circumstances (see below) when the pivot point can be above R1. R1 is calculated as part of the Pivot Points calculations that traders use to determine where the market might reverse direction.

The resistance levels, support levels and pivot point are arranged as follows from highest to lowest. (In some cases the Pivot Point may not be in between the R1 and S1 level. This will happen when the support and resistance levels are not based off the pivot point.)

  • Resistance Level R4
  • Resistance Level R3
  • Resistance Level R2
  • Resistance Level R1
  • Pivot Point PP
  • Support Level S1
  • Support Level S2
  • Support Level S3
  • Support Level S4
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