Lineshotkey SOne click — the line lands at that price

A horizontal line at a price you choose. The simplest drawing there is, and the one premium sellers use most — a level is where the whole wheel conversation starts.

A horizontal line across the full chart at one price. The chart already computes support and resistance zones from clustered swing points, but those are the market's levels — this one is yours: a price you have decided matters, for any reason you like.

Arm it (S, or pick S/R Level in the ✏ Draw menu), then click the chart once at the price you want. The line lands and the tool disarms. Place several by re-arming with the pin or the hotkey — one keypress and one click per line.

Click a placed line to select it — a ✕ Remove chip appears, or press Delete. Right-clicking near it also removes it.

Universal mechanics: every tool is single-shot (it disarms after each drawing — the pin beside ✏ Draw re-arms it in one click), Esc cancels mid-drawing, clicking a finished drawing selects it for the ✕ Remove chip, and drawings persist per symbol, anchored to their candles.

A level earns respect by being touched and defended. Each time price approaches your line and turns, the level meant something that day; each clean cut through it says the market has stopped caring. A level that flips — old resistance acting as new support — is the classic sign the market has re-priced it.

Most sellers draw the strike they are considering before anything else. A put strike sitting just below a level buyers have recently defended is a different proposition from the same strike hanging in empty space — the line makes that difference visible at a glance. The same applies in reverse for covered-call strikes near overhead resistance.

Drawing your cost basis or breakeven on an assigned position (the journal can also plot these automatically) turns "how is this trade doing" into something you can see against the tape.

Like everything in this guide, these are descriptions of conditions and reference levels — context for your own decisions, not instructions to trade.