Fractals indicate natural resistance and support levels, which helps to cliffside fractal strategy forex good entry points and locate stop-loss points. Most importantly, fractals help me identify trends and ranges.
Fractals can be used effectively in forex trading, especially with the power of a mechanical trading system. USD currency pairs gives the best results. A fractal is a repetitive natural patternA fractal is a geometric shape or set of self-similar mathematical patterns found in nature. When broken into smaller pieces, fractal shapes exhibit the same shape or characteristics of the larger object. Likewise, many mineral and crystal forms exhibit similar patterns on both large and small scales.