Panca Eagle forex strategy basically a method for determing support and resistance breakouts. The idea of this strategy is to determine previous range and take trading opportunities once the box is broken (with borders acting as support and resistance areas) using as a trigger the breaks above and below that range. Panca eagle indicator is simple enough to understand. It is not complicated to use; we just simply have to wait for a breakout above or below the green zone. As such, it requires no special skills in order to use it.