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Why is the support and resistance calculator important?

 
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doaausef3li



Joined: 08 Jan 2024
Posts: 8

PostPosted: Sun Feb 11, 2024 8:49 pm    Post subject: Why is the support and resistance calculator important? Reply with quote

The vast majority of investors in the financial market are keen to use the pivot points produced by the support and resistance calculator in all their trading due to their great importance and the advantages they offer, including:
حاسبة الدعم والمقاومة
The Support and Resistance Calculator is considered one of the most important and valuable technical analysis tools in Forex trading.
The calculator provides a simplified way to understand money market trends.
It helps in knowing the direction of the financial markets. When prices are above the pivot point, the market direction is upward. When prices are below the pivot point, the market trend is bearish.
The Pivot Calculator allows traders to easily calculate potential levels of support and resistance points.
The calculator provides a better possibility for the success of trading strategies.
The pivot calculator helps identify potential reversal points, and potential levels of support and resistance.
The calculator includes simplified calculation formulas that are easy to understand and use, especially for new users.
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