The concepts of trading level support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis. As part of analyzing chart patterns, these terms are used by traders to refer to price levels on charts that tend to act as barriers, preventing the price of an asset from getting pushed in a certain direction.
- Technical analysts use support and resistance levels to identify price points on a chart where the probabilities favor a pause or reversal of a prevailing trend.
- Support occurs where a downtrend is expected to pause due to a concentration of demand.
- Resistance occurs where an uptrend is expected to pause temporarily, due to a concentration of supply.
- Market psychology plays a major role as traders and investors remember the past and react to changing conditions to anticipate future market movement.
- Support and resistance areas can be identified on charts using trendlines and moving averages.
Support-Resistance Indicator
This is our best Forex Trading Indicator.
100% Non-repaint Indicator and accuracy 80%+
This is the world’s best Indicator for long term.
It’s name“Support-Resistance Indicator”
This indicator very easy to use for beginner And fully automatically.
It will never expire and there are NO “monthly fees”
or NO any other recurring charges for use
File type and requirements:-
This is a digital item!(Download links–zip file)
You will Need: MT4 terminal
This files you’ll get is ZIP archive.
Indicator installation Service is Free :- If you don’t know how to install the indicator. Contact me I will install mt4 Indicator in your Pc/Laptop with TeamViewer software
HOW TO USE:-
FOR SELL ENTRY:-
1. First made Ball Green Indicator on the Top.
2. Second made same time bottom Indicator Generate on Top areas Breakouts with 4 EMA.
3. Third made ball Green indicator Nearby Found any selling Candle.
4. Only 3 Confirmations after instant takes sell entry.
FOR BUY ENTRY:-
Reviews
There are no reviews yet.