Support resistance indicators show certain predetermined price levels where the price action is likely to pause or reverse. These price levels often see multiple tests before prices either break through, or retreat from that level.
Category Archives: Support Resistance
Fibonacci retracement levels
Fibonacci retracements refer to areas of support or resistance levels calculated by using the Fibonacci sequence, a.k.a. the Golden Ratio
Trading the Average Daily Range
This indicator displays support / resistance levels based on the volatility of the prior N days, i.e. average daily noise and the average daily range
Ichimoku: Trend and Momentum in Multiple Timeframes
In this post we’re looking at a Ichimoku cloud trading setups. The setups are explained using the Ichimoku cloud indicator from LizardIndicators and…
Using Daily Pivots with the Opening Range
The daily Pivot Point indicator levels are well known intraday price benchmarks and are still considered among the most reliable methods for determining key