Alif12399
Education

The Easy Way to Draw Very Powerful Support & Resistance Levels

NYMEX:CLU2018   CRUDE OIL FUTURES (SEP 2018)
This method will save your time to determine where are the powerful S&R levels for any instrument. It can be used for the continuous chart or the monthly chart. It will also help you to entry, set the stop loss and profit target levels, even if you are using other methods such as Elliott Wave Theory, Harmonic Pattern , Market Geometry (the pitchfork ), Demand & Supply and others.

Enjoy!
Comment: Feel free to innovate. You don't have to follow exactly as I mentioned in the video.
Comment: See how it worked splendidly for October chart:

The red boxes are the supply areas. The bigger box is a strong one.
only inside bar? pattern before we can draw with fib?
Reply
Alif12399 matthewvi88
@matthewvi88, yes you can but for this method, I use inside bar. There are many ways to draw S&R using fib.
Reply
Do you have a youtube channel?
+8 Reply
Alif12399 adbitcoin
@adbitcoin, Not yet. I do have a plan for it but it will be in Malay language.
Reply
Thank you Alif!
Reply
Wow! Thank you^^
Reply
@owl55, fell free to share this video. :)
+2 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out