What are Forex fractals and how to trade fractals in forex
Fractals in forex: principles, types, rules of construction. Advantages and disadvantages of using forex fractals strategy. Practical example of forex trading based on fractals.
In math, fractals are infinitely complex patterns that are self-similar across different scales. Each part of this pattern repeats the whole formation. In trading, fractals are indicators on candlestick charts that identify reversal points in the market. A fractal is a pattern that is a price extreme featured in the period of five and more candlesticks. It is used as a confirming signal for taking…
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