How to identify support resistance levels and trend lines in forex market

You probably still wonder how to determine support and resistance levels and trend lines properly? If still curious about this fundamental topic, here is the result of my own simple methodology that can be applied daily to any forex trading system, especially those who rely on support and resistance strategies. My approach generates an outlook of dynamic support levels, as well as trendlines, which then clearly indicate more accurate levels of S/R, and therefor Demand and Supply, really important in our analysis along with Volumes and price action. If you wonder how to draw support and resistance lines on forex charts, or if you think it there is any support and resistance indicator that can do the job for us, I answer you that the solution exists and it is a simple compromise with two moving averages that become "the indicator", which indicates us what trend lines to draw and extend to follow. If you need mt4 support ... also for resistance :-) ... feel free to contact me! Cheers Mark

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