<p id="isPasted">The Support and Resistance Barry indicator is a powerful tool for identifying areas of support and resistance on price charts. One strategy for using this indicator is the Support and Resistance Barry with Trend line Strategy. This strategy allows traders to use the indicator to identify potential trade entries and exits in both trending and range-bound markets. In a trending market, traders can use the indicator to identify support or resistance levels that are likely to hold, and then use trend lines to confirm the direction of the trend. In a range-bound market, traders can use the indicator to identify potential price levels where the market may bounce, and then use trend lines to confirm the range. This strategy can be used on any time frame, making it suitable for traders of all experience levels.</p><p>Buy Signal</p><p class="forexqa-img-container"><img title="Support And Resistance Barry Indicator Buy Signal" src="https://prod-forexqna.s3.amazonaws.com/uploads/froala_editor/images/1743397325932.png" alt="Support And Resistance Barry Indicator" width="300" height="117" sizes="(max-width: 300px) 100vw, 300px" srcset="https://theforexgeek.com/wp-content/uploads/2023/03/Supply-Buy-300x117.png 300w, https://theforexgeek.com/wp-content/uploads/2023/03/Supply-Buy-1024x401.png 1024w, https://theforexgeek.com/wp-content/uploads/2023/03/Supply-Buy-768x300.png 768w, https://theforexgeek.com/wp-content/uploads/2023/03/Supply-Buy-50x20.png 50w, https://theforexgeek.com/wp-content/uploads/2023/03/Supply-Buy.png 1171w" style="box-sizing: inherit; height: auto; max-width: 100%; border: 0px; width: 730px;" class="fr-fic fr-dii fr-draggable forexqa-img">Support And Resistance Barry Indicator Buy Signal</p><ul style="box-sizing: border-box; margin: 0px 0px 0.5em; list-style: disc; padding: 0px 0px 0px 20px; font-size: 16px; color: rgb(17, 17, 17); font-family: "open sans", sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><li style="box-sizing: inherit; font-size: 16px;">Wait for the Support And Resistance Barry Indicator to show a blue line under the price candles, indicating that the currency pair is now at support.</li><li style="box-sizing: inherit; font-size: 16px;">Traders may open a long position when the above requirement is met</li><li style="box-sizing: inherit; font-size: 16px;">Set a stop loss for your position a few pips below the blue support line or according to your money management strategy.</li></ul><p>Sell Signal</p><p class="forexqa-img-container"><img title="Support And Resistance Barry Indicator Sell Signal" src="https://prod-forexqna.s3.amazonaws.com/uploads/froala_editor/images/1743397325878.png" alt="Support And Resistance Barry Indicator " width="300" height="117" sizes="(max-width: 300px) 100vw, 300px" srcset="https://theforexgeek.com/wp-content/uploads/2023/03/Supply-Sell-300x117.png 300w, https://theforexgeek.com/wp-content/uploads/2023/03/Supply-Sell-1024x401.png 1024w, https://theforexgeek.com/wp-content/uploads/2023/03/Supply-Sell-768x300.png 768w, https://theforexgeek.com/wp-content/uploads/2023/03/Supply-Sell-50x20.png 50w, https://theforexgeek.com/wp-content/uploads/2023/03/Supply-Sell.png 1171w" style="box-sizing: inherit; height: auto; max-width: 100%; border: 0px; width: 730px;" class="fr-fic fr-dii fr-draggable forexqa-img">Support And Resistance Barry Indicator Sell Signal</p><ul style="box-sizing: border-box; margin: 0px 0px 0.5em; list-style: disc; padding: 0px 0px 0px 20px; font-size: 16px; color: rgb(17, 17, 17); font-family: "open sans", sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><li style="box-sizing: inherit; font-size: 16px;">Wait for the indicator to show a red line above the price candles, which indicates that the pair has met resistance.</li><li style="box-sizing: inherit; font-size: 16px;">Traders may open a short position when the above requirements is met</li><li style="box-sizing: inherit; font-size: 16px;">Set a stop loss for your position a few pips above the red resistance line or according to your money management strategy.</li></ul>
<p id="isPasted">The Support and Resistance Barry indicator is a powerful tool for identifying areas of support and resistance on price charts. One strategy for using this indicator is the Support and Resistance Barry with Trend line Strategy. This strategy allows traders to use the indicator to identify potential trade entries and exits in both trending and range-bound markets. In a trending market, traders can use the indicator to identify support or resistance levels that are likely to hold, and then use trend lines to confirm the direction of the trend. In a range-bound market, traders can use the indicator to identify …</p>