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.
Daily Archives: November 20, 2014
Catching repetitive price action via NZDUSD and USDCHF
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.