What Are Support & Resistance Indicators & How To Trade Them

Support and Resistance Indicators

The support and resistance levels can help traders to try and identify the direction of the market by pointing price data. What are Support and Resistance indicators? The support and resistance level indicators are those tools that prevent the price from going in a particular direction. Support levels occur when there is a high demand for a certain asset. When the price starts to decline, it forms a support line.  The resistance level appears when there is an increase in the supply of a specific asset. When the price rises, it creates a resistance line. The support and resistance indicators …READ MORE