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Are Different From Other Indicators
Trend lines, moving averages, pivots and many other indicators are often used to find possible support or resistance. All of them can be useful, but none of them do what Voodoo Lines can do. While levels for other indicators are always changing, Voodoo Lines stay in the same place. Not for days or weeks like pivots but usually for many years, sometimes decades. Because Voodoo Lines uncover important levels long before price reaches them, trading scenarios can be anticipated days, weeks, or even months ahead of time.