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Alternative Support & Resistance

{ Posted on 4/01/2011 11:23:00 AM by De_Trainer }
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Hat-trick post with support and resistance, horizontal level is so simple and so powerful... yet. Too simple you become uncertain too complex become obscurity, balance is the key, so its better not just with support and resistance but use another sign as trigger.



This support and resistance indicator is like alternative way for see where area hat many trader will bought or sold. The level calculate by timeframe H1, H4, Daily and Weekly. Example, if H1 and H4 mark the same level, it have possibility that price will bounce. Sounds good for scalp...

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