1 Best trading indicators for support and resistance

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Indicators that identify key price levels where trends may pause or reverse Support and resistance indicators help traders identify critical price levels where buying or selling pressure is likely to intensify. These tools analyze historical price action to determine areas where prices have previously struggled to move beyond, providing valuable insights for setting entry and exit points, as well as anticipating potential trend reversals or continuations.

Simple Moving Average (SMA)

7.75 Score

Known for Smooth Price Movements

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Facts about Best trading indicators for support and resistance

The complexity level of Simple Moving Average (SMA) is Beginner. The main applications of Simple Moving Average (SMA) are Trend Identification,Support And Resistance..