The key aspects of the indicator are the most important support and resistance price zones watched by the biggest banks, financial institutions and many forex traders. The indicator will show you the most important price zones, where crucial price moves with profitable opportunities will occur. These price zones should monitor every professional forex trader.
There are many ways to trade the S/R zones and the indicator profitably. The most widely used strategies are: 1) Range trading - trade pullbacks.
2) Trade reversals as soon as supports become resistances or resistances become supports.
3) Take profits or set stop-loss based on support/resistance zones.
High Risk Warning: Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
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