This tool helps to identify Trend Reversals with special Support and Resistance levels that are calculated from Important Highs and Lows in an assets Price action.
The Dashed Lines show the current levels of Support and Resistance.The history of these levels are tracked with the Green dots printing the Resistance levels and the Red Dots printing the Support levels.
Watch for the Green Resistance to make “Higher Highs” to signal a Bullish Reversal and Red Support to make “Lower Lows” to signal a Bearish Reversal. The Green Resistance Indicator moving down to the top of a candle marks a “New High”, this is a potential Bullish Reversal.
Wait and watch for the Green Resistance to then make a second move Up, this is a “Higher High” and confirms the Bullish Reversal. A flat Red Support line below indicates this as a healthy Bull Trend.
Detailed user manual can be found here
Raffaello - 1 MONTH
- Product Code: Raffaello - 1 MONTH
- Availability: In Stock