by using trailing resistance you can easily decide and see possible upward movements and understand if you are in a safe zone.
Using Trailing Resistance is just simple:
Go long/ Buy when price crosses above the indicator,
Stay on short position if prices are below the indicator.
The indicator is calculated from previous Lows and doesn't the value won't change until prices makes higher lows.
Author: KıvanÇ @fr3762 on twitter (tweets are only in TURKISH)
Yazan: KıvanÇ @fr3762 twitter
Türkçe İndikatör Anlatımları: https://youtube.com/c/KIVANCfr3762