Trend Reactionary Numbers (TRNs) are powerful Support and Resistance Zones that will be respected by the Markets. These Numbers are the outcome of 30 years of Trading Experience with over 15+ years on Wall Street. I worked for Institutions like Deutsche Bank, BNA, CRT and DG Bank in New York.
They are calculated by a proprietary formula and other variables which result in Key Market Reversal Points. As the Price of the Financial Instrument Expands or Contracts the TRNs will be adjusted to the new exponential Average True Range.
Recent Price activity suggested two new reactionary levels of Resistance and Support reflected in the deeper red lines.
They are calculated by a proprietary formula and other variables which result in Key Market Reversal Points. As the Price of the Financial Instrument Expands or Contracts the TRNs will be adjusted to the new exponential Average True Range.
Recent Price activity suggested two new reactionary levels of Resistance and Support reflected in the deeper red lines.
Trade active:
Three new levels now added; NOT two