FX TECHNICAL ANALYSIS


ADVANTAGES OF TRADING WITH FRACTALS INDICATOR


This article explains how Fractals can be useful for currency analysis to improve trading decisions, and shows strategies which you can implement on the FX market


Fractals are indicators on candlestick charts that identify reversal points in the market. Traders oſten use fractals to get an idea about the direction in which the price will develop. A


40 FX TRADER MAGAZINE July - September 2018


fractal will form when a particular price pattern happens on a chart.


Fractals are a very useful FX trading tool and technique because:


• Tey provide for a safe entry method;


• Even more important; they also provide places for great stop losses;


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