Hi all,
I've already touched on Resistance and Support to you guys last week.Now i derived two formulas to set your Target profit after defining your Resistance and Support.
Firstly,if the market trend breaks your Resistance,implement this formula
A+(A-B) to get your profit.If the market breaks your support,implement this set of Formula B-(A-B) to set your profit.
These formulas are here for you to set your profit accurately thus giving more time for yourself and less time figuring out!..Try it out and test it yourself.You'll be amazed.
May The Force Be With You.