Undoubtedly the technical analysis is of utmost
importance for traders because it provides excellent opportunities for market
analysis and price movements. Thus you can take better trading decisions and be
cautious on some critical levels.
To assist you with technical analysis and to improve your trading skills, I
recommend you to try SmartForecast, offered by my broker, ActivTrades.
This
tool support you trough the chart understanding
and automatically calculates both short and long-term
resistance and support and it also
indicates volatility levels and market trends. The most important
characteristic of SmartForecast that it may show you
the price evolution scenario with three targets which change in real time.
The SmartForecast trading tool uses some of the
SmartTemplate technology and is an essential indicator for the Metatrader 4 platform.
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