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When carrying out the fractal analysis we pay attention to the standard factors: • The longer the period of formation of fractal structure, the more reliable the trading signal given by it. Conditions of the fractal’s use in Forex trading The emergence of two multidirectional fractals close to each other (sometimes in one candle) is called a fractal start: further the market is assumed to make the decision for the benefit of one of the directions. The border of the upper fractal is the maximum, while the border of the lower is the minimum. In this case of fractal’s trading there shall be an entry in a direction opposite to the created fractal, stop is 1-5 points higher/lower than the border of key bar. In case of formation of an opposite fractal, the current trading signal is cancelled. how to use forex trading
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