Support and Resistance with Elliott Wave Trend
Elliott Wave Trend produces its own support and resistance automatically for your trading. These are not ordinary support and resistance but projecting the location of superimposed wave patterns.
The produced support and resistance are very accurate. By clicking the box, you can extend or reverse the support and resistance zone in your chart.
For your information, the support and resistance zone can be used on their own. Typically you will use the latest support and resistance in your trading decision.
This is most basic use of these support and resistance. However, you can also use these support and resistance combined with your actual Elliott Wave counting. You can use the support and resistance to gauge the turning point and breakout using your Elliott Wave counting.
Elliott Wave Trend is powerful and sophisticated trading system for professional trader. Please refer to our other articles on how to use other features from our website.
Here is the links to our Elliott Wave Trend: