Wednesday, May 2, 2018

Trapezoidal Support and Resist

Trapezoidal Support and Resistance

Support and resistance levels - the point at which the price trend may stop and turn around - is widely used for short-term price forecasting.

This indicator can be used as a signal to buy and sell when the current price rises above or falls below the levels of resistance / support, respectively, as well as the StopLoss for open positions.

Trapezoidal Support and Resist

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