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Percent of Resistance (PCR)

The Percent of Resistance (PCR) is an oscillator. It compares a currency's closing price to its price range over a selected period.

Some ways to interpret Percent of Resistance indicator:

  • Buy when the indicator falls below a certain level (e.g. 20) and then rises above that level
  • Sell when the indicator rises above a certain level (e.g. 80) and then falls below that level

Look for divergences. Sometimes prices are showing a series of new highs however, PCR is failing to surpass its previous highs.

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