The weekly chart is what I consider the best place to start in learning to draw in support and resistance levels, because it provides you with the clearest view of the most significant long-term key levels you need to have on your charts. Notice on the daily chart above, I’ve drawn in a new level at 184.22, I consider this a near-term level and notice it was not obvious to me on the weekly, but clearly it’s an important level so I drew it on the daily. Most of the time, I am focusing on daily chart levels as I look at the 4 hour or 1 hour time frames, rarely do I find myself believing I need to draw in any further levels on these intraday charts.