How Do You Interpret DeMark Projected Range Technical Indicator Buy Signal and Sell Signal?
DeMark Projected Range How to Interpret/Analyze Indicator Buy Signal
How Do You Interpret Buy Trade Signal Using DeMark Projected Range Indicator?
Steps on how to analyze and interpret buy signals using DeMark Projected Range indicator:
This DeMark Projected Range indicator buy signal lesson gives an explanation of how to analyze and interpret buy signals using the DeMark Projected Range indicator as is displayed on illustration below:
How Do You Interpret Buy Signals Using DeMark Projected Range Indicator?
DeMark Projected Range How to Interpret/Analyze Indicator Sell Signal
How Do I Interpret Sell Signal Using DeMark Projected Range Indicator?
Steps on how to analyze and interpret sell trading signals using DeMark Projected Range indicator:
This DeMark Projected Range indicator sell signal lesson gives an explanation of how to analyze and interpret sell signals using the DeMark Projected Range indicator as is displayed on illustration below:
How Do I Analyze Sell Signals Using DeMark Projected Range Indicator
This DeMark Projected Range indicator is used to signal the potential high and low prices where chart price is likely to reach.
This is referred to as - range projection - & this range projection is calculated using the opening & the closing prices of the most recent price period.
How Do You Interpret DeMarks Projected Range Indicator?
FX Technical Analysis and Generating Signals
DeMark Projected Range indicator will show 2 points, the projected high and the projected low of a specific price period. This will be used as the reference point.
Buy Upward Trend Signal
If the next price candle opens above the projected high then the market will continue in an upward trend direction.
Sell Downward Trend Signal
If the next price candle opens below the projected low then the market will continue moving in a downward trend direction.
Range Market
If the next price candle opens within the DeMark projected range, then this is a trade signal that the price movement will remain in a range sideways movement.
How Do I Interpret DeMark Projected Range Technical Indicator?
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