Trade Forex Trading

DeMark Projected Range Analysis and Signals

Developed by Tom Demark.

This particular indicator is employed to suggest the potential peak and trough prices that a chart's price is likely to attain.

This is known as the range projection, and it is figured out using the opening and closing prices from the most recent time period.

Demark Projected Range Analysis - Using the Demark Projected Range Indicator

DeMarks Projected Range

Technical Analysis and How to Generate Trading Signals

This indicator will show two levels: where the high price is expected to be and where the low price is expected to be during a certain time. This is the reference.

Bullish Uptrend Signal

Should the subsequent price bar initiate trading above the previously projected high, the market is anticipated to persist in an upward trajectory.

Bearish downtrend FX Signal

If the subsequent price candlestick opens below the predicted low price point, the market is expected to continue its downward trajectory.

Ranging Forex Market

If the subsequent price bar opens within the range that was previously projected, this serves as a confirmation signal that the market is likely to remain within a range-bound state.

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