Reference levels
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Reference levels
The widget is used to determine resistance and support levels. The reference levels will help to determine:
- zones of increasing movement dynamics
- market trend reversal points
- support and resistance lines
Instruction
The table has levels by type of definition: Pivot, Woody, Fibonacci, and Camarilla.
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Below you can set the date, asset, and custom price.
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Example
Select currency pair, minimum and maximum values. Tick the checkbox if you only want to process customer data.
There is a reference value near each of the levels. If the quotes break it, the trend will persist, and the pullback predicts a reversal.