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DaPex LabsAnswer Capsule: Support and resistance levels are price zones where buying (support) or selling (resistance) pressure historically emerges. Calculate S/R using Standard, Fibonacci, Camarilla, Woodie, and DeMark pivot methods.
Support and resistance levels are price zones where buying (support) or selling (resistance) pressure historically emerges. Calculate S/R using Standard, Fibonacci, Camarilla, Woodie, and DeMark pivot methods.
Calculate key S/R levels using five different pivot point methods. Essential for day traders — know where the market will turn before it gets there.
Standard — Most popular. Used by floor traders for decades. Works best on liquid forex pairs (EURUSD, GBPUSD).
Fibonacci — Incorporates 38.2% and 61.8% retracements. Better for trending markets where pullbacks are common.
Camarilla — Tighter levels based on volatility. Popular with day traders for intraday reversals. The H3/L3 levels are the key lines.
Woodie — Gives more weight to the close. Better for markets where the close is more important than the high/low.
DeMark — Uses the relationship between open and previous close. More adaptive to gap openings.
DaPex Terminal auto-detects S/R levels from price action, volume profile, and pivot points. See them drawn on real-time charts.
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