Tag Archives: support and resistance indicator
Figuring out dynamic support and resistance ranges can result in a a success and successful trading strategy.
The equity, commodity or forex markets are pushed through excessive demand when the fee get pleasure from or excessive provide when the fee depreciate. The place these two excessive forces of provide and demand conflict we have now support and resistance factors. In a market that’s oversold we use phrases like bears, sell and bearish. In a market that’s overbought we use phrases