Kolomiets Nazar 28.10.2016
Camarilla levels indicator
Trader often faces different levels of resistance and support, which can be important or not in trading affairs and there is not so many trading approaches, which would be equally effective in large and small timeframes.
There are Camarilla levels among the methods for short timeframes.The principle that market tends to revert its meaning is in the heart of Camarilla. In other words, the market is likely to return to yesterday's closing price of the trading day sooner or later after price changes yesterday. And this is an important law that can be used for prediction in trading.
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