On the Chart: Marking Up a Real Setup

    Module 11 · Lesson 3 of 3

    On the Chart: Marking Up a Real Setup

    18 min readUpdated

    Hands-on practice drawing support, resistance, order blocks, and structure on TradingView using BTC/INR.

    Goal

    Complete a structured chart analysis exercise using TradingView to draw all key levels on BTC, establishing a reproducible chart setup for ongoing use.

    Mistake This Prevents

    Knowing the theory of S/R and market structure but never practising the actual drawing, which leads to vague, inconsistent analysis when real trades require clear levels.

    TradingView Chart Colour-Coding SystemStandard Legend: Keep Consistent Across All ChartsResistance ZoneHorizontal: sellers step in; price was rejected hereREDSupport ZoneHorizontal: buyers step in; price bounces from hereGREENOrder BlockRectangle/zone: institutional order concentration areaBLUEFair Value Gap (FVG)Shaded zone: price imbalance that tends to get filledPURPLEConsistent colour coding makes chart reading instant, no second-guessing what a line means
    A consistent colour-coding system is not cosmetic: it's cognitive infrastructure. When every chart uses the same colours for the same concepts, pattern recognition becomes automatic and trade decisions become faster and less error-prone. Red = resistance, green = support, blue = order block, purple = FVG.

    Step-by-Step Lab Exercise

    Setup

    1. Open TradingView → Search "BTCUSDT" → Select daily chart
    2. Set date range: last 6 months visible

    Step 1: Mark Market Structure (10 minutes)

    1. Identify all significant swing highs and lows on the daily
    2. Label each as HH, HL, LH, or LL using TradingView text labels
    3. Draw a line connecting them to visualise the structure
    4. Write the current sequence at the top of the chart: "Structure: [HH/HL or LH/LL or Ranging]"

    Step 2: Draw the Three Key Levels (10 minutes)

    1. Nearest significant support below current price (3+ touches)
    2. Nearest significant resistance above current price (3+ touches)
    3. One major weekly/monthly level relevant to current price
    4. Make each a horizontal line (TradingView: Alt+H or Horizontal Line tool)
    5. Colour code: Green for support, Red for resistance

    Step 3: Mark Order Blocks (5 minutes)

    1. Find the last bearish candle before the most recent strong bullish move
    2. Draw a box covering that candle's body (TradingView: Rectangle tool)
    3. Label it "Bullish OB"
    4. Repeat for the last bullish candle before the most recent strong bearish move, and label it "Bearish OB"

    Step 4: Note Fair Value Gaps (5 minutes)

    1. Scan the last 3 months of daily candles for three-candle gaps
    2. Mark any significant FVGs with a box
    3. Note: "Filled" if price has since returned, "Open" if not

    Step 5: Save and Document

    1. Take a screenshot of your marked chart
    2. Write 3 sentences: current structure, key levels, nearest OB/FVG
    3. Save to your journal
    5-Step TradingView Analysis Workflow1Label HTFStructureWeekly chartHH/HL or LH/LL2Mark KeyLevelsS/R zones ondaily chart3Mark OrderBlocksLast bearishbefore impulse4Mark FVGs FVGgap zonePrice imbalancezones5DocumentPlanBias + entry+ SL + TPComplete all 5 steps before entering: skipping any step degrades decision quality
    The 5-step TradingView workflow builds a systematic habit: label structure, mark key levels, identify order blocks, shade FVGs, then document the trade plan. Each step removes subjectivity. The documentation step is the most skipped and the most important: if you cannot write the plan clearly, you do not understand the trade.

    Assessment Checklist

    • Market structure labelled (minimum 4 swing points)
    • Three S/R levels drawn with colour coding
    • At least one order block identified and labelled
    • FVG status noted
    • Chart screenshot saved with written summary

    Common Mistakes

    • Labelling too many minor swing points (daily swings only)
    • Drawing lines without the 3+ touch confirmation
    • Saving without the written summary (the writing builds analytical thinking)

    Fedha Tool Tie-in

    Upload your chart screenshot directly to the FedhaAcademy community for peer review. Instructors review submitted charts weekly and provide specific feedback on level selection and label accuracy.

    Key takeaways

    What to remember

    1. Hands-on chart drawing builds the muscle memory that transforms theory into trading skill.
    2. Five-step lab: structure labels → key levels → order blocks → FVGs → documentation.
    3. Colour code consistently: green for support, red for resistance.
    4. The written summary is as important as the drawing, because it forces you to articulate your analysis.
    Lesson quiz

    Quiz

    Question 1 of 12

    Pass: 9 of 12 correct

    Question 1 of 12

    In the TradingView lab, what colour convention is used for support and resistance?

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