CFT Auto Support & Resistance Indicator automatically draws support & resistance lines on your chart based on looking back at previous price levels.
These levels should be used as entry and exit areas. Wait for price to hit support and resistance areas and bounce to confirm. Then you can enter near support and sell near resistance with low risk. Remember Price needs to Bounce for counter trend or reversal play and price needs to break above or below and hold above or below for break out or continuation play.
This indicator works well in combination with our CFT Trend Buy & Sell Alerts and CFT Volume Flow