FTR is an important price action term used to do technical analysis of currency pairs in forex. Simply by its mean, price broke (engulf) an important level but failed to return from that level to supply or demand zone . It is called FTR fail to return. in ftr pay attention to this terms: Base in bottom of FTR Break Major Level
FTR is an important price action term used to do technical analysis of currency pairs in forex. Simply by its mean, price broke (engulf) an important level but failed to return from that level to supply or demand zone. It is called FTR fail to return. in ftr pay attention to this terms: Base in bottom of FTR Break Major Level
a major level breaks up with a good bullish candle but price return to level with a strong bearish candle. this trade is risky
a sample of RTM Flag Limit Major Level Pole Poor price return Level
Flag limit Sample a major level breaks up with a strong bullish candle
Flag Limit in EURAUD 4h chart Pay attention to Major RBS and 3 Drive Pattern When Price return to RBS Line
RTM Flag Limit Sample What is the Flag Limit Forex Pattern? The flag limit is the area where the price penetrates the SR flip, forms a narrow sideways price action with 1 or 2 candlesticks, and breaks the support or resistance undoubtedly.
FL (Flag Limit) Sample in audusd 30min chart What is the Flag Limit Forex Pattern? The flag limit is the area where the price penetrates the SR flip, forms a narrow sideways price action with 1 or 2 candlesticks, and breaks the support or resistance undoubtedly. It’s basically a continuation pattern aligned with support or resistance. It strengthens the support...