A typical 1-2-3-4 chart pattern is best traded after a strong currency pair up - or downtrend and can be defined by an easy set of trading rules. The strategy can be used to predict trend reversals. Att handla med CFD:er kanske inte passar dig. Often we see a trading range develop on the major pairs and following the simple laws of market rotation, we can trade reversal bar entry triggers from the higher resistance and lower support points of the trading range.
Forex reversal trading strategy 18