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Use the support and resistance indicators for MetaTrader4 (MT4) or TradingView to mark the recent swing highs and lows in price. This, in turn, can help identify the trend and spot potential reversals. Use the indicator as a trend confirmation and analysis tool, but not for trade signals.
Support and resistance are more than just lines drawn at price highs and lows on a chart. Support and resistance levels on a price chart are dynamic…
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