I use the exponensial moving average as a direction to find out whether the trend is up or down and as a benchmark tool uses Fibonacci to measure the extent to which the strength of this trend will lose momentum. For support and resistance security I use volume hopefully entertaining^^
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.