Tirone levels

When plotting possible support and resistance, tirone levels are three horizontal lines that is used to identify it. The middle line is the difference between the security's high and low divided by 2 while the top line is plotted about 1/3 of the difference between high and lowest price and the bottom line is 2/3.

Stocks | Forex | Options | Economics | Bonds | History | Language learning | Technology | Technical Analysis | Fundamental Analysis
Copyright © 2014 econtrader | Risk disclosure | Terms of Use