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Home Trading Support Resistance

Support Resistance

Sun, 23 Jul 2017

Note:

Prev. High, Prev. Low, Prev. Close price based on Money Mall Trader platform at time 8:00 WIB

Pivot point (PP) = (High + Low + Close) / 3

First resistance (R1) = (2 x PP) - Low

First support (S1) = (2 x PP) - High

Second resistance (R2) = PP + (High - Low)

Second support (S2) = PP - (High - Low)

Third resistance (R3) = High + 2(PP - Low)

Third support (S3) = Low - 2(High - PP)

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