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UPDATE Retracement Levels Script: Finding Support and Resistance

I have updated my Retracements Level script to alert traders to long term Support and Resistance levels based on 50% Fibonacci levels. I think that this is a simple and highly valuable tool that every trader should have in their toolbox to identify key levels that price may respect.

In this video I go over the many uses:
  • -Long term levels for Entering and Exiting positions
  • -Multiple Timeframe Analysis
  • -Catching Catalyst events like Earnings
  • -Projecting Support and Resistance far into the future
50retracementeducationFibonacci RetracementindicatorsretracementlevelsscriptsTrend Analysis

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