High and Low_DWMQY
Daily/Weekly/Monthly/Quarters/Yearly ||
High/Low/Open/Close/Mid
High and low :
Daily, Weekly, Monthly, Quarterly, and Yearly
are Critical
Technical Analysis [TA] Levels used to Identify key Support / Resistance, Market Structure and Trend Reversals.
These Price Markers, spanning from Intraday to 52-Week ranges, help Traders set Stop-Losses, identify Entry / Exit points and Gauge Long-term momentum.
- Daily High/Low :
Key for Intraday trading, representing the Maximum and Minimum price over the past 24 Hours.
- Weekly High/Low :
Summarizes the Price range for the Week, offering a Slightly Longer-term view compared to Daily charts.
- Monthly/Quarterly High/Low :
These Higher-timeframe levels often act as Major support or resistance levels, providing context for the Overall trend.
- Yearly/52-Week High/Low :
The Highest or Lowest price in the past 52 Weeks, Crucial for Long-term investors tracking relative valuation.
@FxArt.Trader_High and Low_DWMQY_MultiButton
@FxArt.Trader_High and Low_DWMQY_SingleButton
*
Usage :
These levels are often visualized as Horizontal lines on Charts, where a breach of a Previous period's High/Low can signal a Breakout or Potential Reversal.