Another chart (WTI) that reinforces nature of price trend
We illustrate Tflow® forex trading which looks at trend in simple way. Can be used for multiple time frame analysis and reveals action like false breaks.
We illustrate Tflow® forex trading which looks at trend in simple way. Can be used for multiple time frame analysis and reveals action like false breaks.
See NZDUSD and USDCHF examples that show repeating features of price action: monthly and weekly highs and lows as resistance and support and the use of false breaks aka bull and bear trap as trading signal.