A Bullish Oblique Support, is an uptrend line. Support is more significant when the price has made numerous contacts with it. When the price returns to test the bullish oblique support, it is possible that this will make a rebound and a bullish recovery.
In trading, a return to bullish oblique support followed by a rebound from it can be a signal that the uptrend is resuming. Conversely, a break of a bullish oblique support may be a signal that the initial trend is reversing.
The Bullish Oblique Support indicator shows support on the chart for stocks that are approaching or breaking it.
Parameters can be adjusted to display the bullish support according to your criteria. All settings are available without modifying the code, in the "configuration" menu.
To detect stocks approaching a bullish support, scan the market with our Screener.
Adjustable validation criteria :
Available filters :
Display options :
Video user guide (english subtitles available) :
Details of available settings :
Disclaimer
Our proposed tools (indicators and screeners) are not investment advices but tools allowing everyone to find specific graphic configurations.
Investing in the financial markets involves risks up to and including the total loss of capital.
The user of the proposed tools understands and accepts that the use of these tools is under his sole and entire responsibility. P2C Trading declines all responsibility in the use of the tools and the consequences that would result.
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