Since fractals highlight points at which price failed to hold and therefore reversed, it is logical that once price beats its old fractal, there is a new strength coming.Setting a trade at the breakout point is an obvious and simplest application of the Fractals indicator.
Another way to describe it: fractals help to see the levels of Support and Resistance.
i see and i se fractal in my trading, it is very good and as you wrote here to know the peak and the bottom of the chart or support and resistance...but i still get the problem with it, it is always late to show them , and i want to ask you, what is the best setting for it ?
thank you very much
That really does feature the work of this indicator.
And can be used in all the TF, but should not be used alone she needs a companion indicator, so that will make us more determined to take action Action Buy / Sell...
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Forex Fractals
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