Forex Strategy - How to Use Fractals to Confirm a Trend?
Forex Strategy – How to Use Fractals to Confirm a Trend?
Fractals are reversals within reversals, and you can use them to confirm a trend. However, they are not exact and therefore are considered a lagging indicator. This means that the signals will be less precise than if you were to use a trend indicator, but still, they can help you make trades. Fractals turn out to be a natural phenomenon of reversals within reversals Fractals are a type of…
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