A level is a price zone or a particular price that is significant from a technical standpoint or based on reported orders or option interest.
Level
Related Terms
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A binary option is a type of options contract in which the payout will depend entirely on the outcome of a “Yes or No?” or “True or False” proposition. Don’t be intimidated! Its name may sound complicated, but binary options are arguably a simpler way to trade than traditional options or currencies. Just like traditional […]
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Technical analysis is the study of historical price action in order to identify patterns and determine probabilities of future movements in the market by studying price action and through the use...
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A technical indicator is a mathematical calculation that can be applied to price and volume data. It can be even applied to another technical indicator. The result is a value that is used to...
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A currency option is a contract through which a seller offers a buyer the right, but not the obligation, to purchase or sell a specific currency at a defined exchange rate on or before a fixed...
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What is the VIX? The CBOE S&P 500 Volatility Index (VIX) is known as the “Fear Index” because it is such a helpful gauge to measure how worried traders are that the S&P 500 might suddenly...